Henderson hires Finegan
Henderson Global Investors has recruited ex-First State manager Glen Finegan as head of emerging market equities, with Chris Palmer leaving the firm.
Henderson Global Investors has recruited ex-First State manager Glen Finegan as head of emerging market equities, with Chris Palmer leaving the firm.
Three First State Investments global emerging market funds will be moved out of the IMAs GEM sector as of 30 November after failing to meet sector requirements.
Bank of America Merrill Lynch has found that investors are losing confidence in global economic growth prospects due to concern over the impact of the Federal Reserve stimulus ending.
Ashmore has opened a local asset management office in Saudi Arabia, to give it an on-the-ground presence in the Middle East for the first time.
Old Mutual Global Investors has moved the emerging market ex Asia mandate on its François Zagamé-led Voyager Global Dynamic Equity Fund, sacking Henderson in favour of specialists in Brazil and Eastern Europe.
Source and Ashmore have partnered to launch two London Stock Exchange-listed actively managed ETFs giving exposure to emerging market debt.
BlackRock's Henry Wigan looks at the gap between some investor perceptions of emerging market returns and the reality thereof.
VAM has launched a Luxembourg-domiciled UCITS IV fund targeting the high growth potential of frontier market equities.
Global ETFs and ETPs have taken in a record $161bn of net new assets (NNA) so far this year following a particularly strong performance in July.
Standard Life’s Asia and emerging market business returned to profit in the first half of this year, as the cost of establishing new offices in Asia and the Middle East abated.
Ashmore has launched a short duration fund which aims to generate returns from short-term instruments issued by sovereigns, quasi-sovereigns and corporates in emerging markets.
MSCI is to remove the MSCI Korea and MSCI Taiwan indices from its review list for potential reclassification as developed markets.