Aviva Investors has bolstered its global equities team, with Brooks Macdonald luring its new investment director from Quilter Cheviot. Old Mutual Wealth has made two significant UK regional appointments, while Deutsche Bank’s Americas chief executive has announced his departure.
With the looming threat of dividend cuts and a reversal in bond yields, coupled with the emergence of new growth patterns and value opportunities, click through the following pages to read what five wealth managers think we should be paying attention to.
A combination of strong corporate earnings and the stabilisation of both the Chinese renminbi and global oil price are making “deeply undervalued” Japanese equities more attractive, according to Tokyo-based Sompo Japan Nipponkoa Asset Management (SNAM).
The Cayman Islands is to introduce a new type of business vehicle in the form of a limited liability company (LLC), inspired by similar legislation in the US state of Delaware.
There are key generational differences in attitudes towards financial priorities and money management in the UK, but employees of all ages have major gaps in their financial knowledge, according to consultancy and actuarial services firm Barnett Waddingham.
Schroders confirmed two senior appointments despite public protestations, while Julius Baer has revamped its UK front office. Aberdeen AM has poached its new Asia Pacific head of multi asset from Alliance Bernstein, with Providence creating a new regional director role in Asia.
Deutsche Asset Management reported a net revenue decrease of 12% in the first quarter, dropping to €736m (£571.2m, $832.4m) from €840m in 1Q15.
Representatives from Australia, Japan, Korea, and New Zealand signed a memorandum of cooperation (MoC) on the Asia Region Funds Passport (ARFP) on Thursday, that should see the initiative launched next year.
Markets have experienced some savage volatility of late but Cazenove’s Nick Georgiadis is adamant a pragmatic philosophy can turn up underlying economic growth.
BMO Global Asset Management has added environmental, social and governance (ESG) screening to its BMO Responsible Global Emerging Markets Equity Fund.
BlackRock has launched a global platform that will extend the firm’s efforts to help advisers, consultants, trustees, policymakers, institutions and individuals make better decisions about retirement and longevity.
Standard Life Investments has appointed a chief executive and representative director in Japan, Quilter Cheviot has created a new head of business development role, while Lombard Odier IM has strengthened its German and Austrian sales team.
