DFMs had already shunned UK ahead of record GDP plummet
‘We haven’t been adding to UK risk asset exposure either before the crisis broke out or during it’
‘We haven’t been adding to UK risk asset exposure either before the crisis broke out or during it’
The deal will help the asset manager grow its offering to financial advisers
Axa-owned multi-manager joins the rank of fund groups hit by volatile markets in H1
Vanguard fills its newly created head of Italy position, Martin Currie sets out its succession plan involving a Blackrock alum and PSG Wealth grows its Johannesburg office.
Architas’ investment director is to depart and join a DIY platform, while Macquarie Investment Management makes two senior Hong Kong hires and ongoing conflict means more leadership delays at the South Africa Revenue Service.
China has been making all the headlines in recent weeks after it celebrated the Year of the Dog on 16 February. After such a strong year for Chinese investors in 2017, many headlines focused on the opportunities which lie ahead, but are there dangers that investors need to be aware of?
Architas has pulled Neil Woodford’s equity income fund from its multi-asset and multi-manager range, becoming the third fund group to ditch the mega manager in a matter of months.
Aegon Life in India has a new chief executive, Deutsche Asset Management has hired its global head of equity from Credit Suisse and BNP Paribas has created a head of institutional sales role for the UK and Ireland.
Architas has warned that investors should begin shifting towards defensive assets before volatility strikes markets in the latter half of 2017.
It was a bad time to be an active manager in 2016, the year of Brexit and Trump, with underperformance plaguing funds as passives tracked the market higher and higher.
Lombard Odier’s global chief investment officer has announced his retirement, while J O Hambro has hired two sales managers. Meanwhile, the boss of the Pension Protection Fund is to leave after nine years at the helm of the UK’s pensions lifeboat.
Some 12 months on from the carnage open-ended property funds experienced in the wake of the Brexit vote, investors seem to be returning to the sector once more.