MacDonald on Architas’ use of ‘high conviction’ funds
Cautious on equities and fixed income, Sheldon MacDonald prefers funds with high conviction, as he seeks stability over the long term rather than quick gains on the upside.
Cautious on equities and fixed income, Sheldon MacDonald prefers funds with high conviction, as he seeks stability over the long term rather than quick gains on the upside.
Today’s people moves column boasts an embarrassment of riches as the industry seems to be getting its house in order before the Christmas break. Former Zurich man Andy Robinson has resurfaced, while MetLife has named a chief executive in Hong Kong. Lombard Odier’s new chief operating officer has left the world of haute couture to…
Asset manager Architas reported a 52% increase in total assets in the first half of 2016, while parent company Axa Group recorded stable revenue and underlying earnings, with net income up 4% against the same period last year.
Old Mutual International has named a managing director for its Isle of Man operations, while Architas has poached Seneca IM’s head of retail for a new role and added Axa Wealth’s head of investing to its roster. The Hong Kong and Australian regulators also announced senior appointments.
Architas has named a Barclays managing director and chief investment officer as its new chief investment officer, while Julius Baer has added an executive director to its Guernsey team. AllianzGI is strengthening their alternatives pillar, with L&G bidding farewell to its chairman.
Axa’s UK life insurance and wealth investment units are reportedly up for sale, in a move that could see the French insurance giant net up to £700m ($997.8m, €875m).
UK-based Old Mutual Wealth has hired former Architas investment development manager, Andrew Miller, to work with financial advisers to help improve the firm’s investment solutions.
Architas, an investment house within the Axa Group, has launched a global multi-asset fund to meet a growing demand for income among investors in the run up to Aprils pension reforms.
Axa Wealth International is offering investors a break on their offshore bond charges if they choose their bond investments from the Axa-owned Architas multi-asset funds range, on a guided architecture basis.
Architas is preparing to launch a Ucits fund of absolute return funds in October.