Square Mile: Bond funds feature heavily in July ratings update
Seven of the 11 funds re-rated had a fixed income mandate
Seven of the 11 funds re-rated had a fixed income mandate
The Abrdn Asia Pacific Equity and Baillie Gifford Global Discovery funds had ratings stripped over performance concerns
Bi-annual report comprises 122 funds in total
Seven of top-10 returning funds belong to China
He brings 20 years of experience to the role
Global investment manager names CEO, as private client services provider hires chief risk officer
Barings, Income Partners and Van Eck Associates have recently set up in China
Woodbrook appoints a former deVere senior partner, Appleby appoints across offshore jurisdictions and Investec boosts its multi-asset team.
As we move through the halfway point of 2017, many investors have grown wary of the risk asset rally and are returning to the relative safety of fixed income funds. But which have performed the best year-to-date? And which have not fared so well?
Baring Asset Management’s heads of EMEA wholesale distribution and global marketing have left the business. BNP Paribas AM has a new Asia Pacific head of institutional sales and currencies portfolio manager. Channel Islands-based PraxisIFM is focusing on client risk with its latest promotion.
After Deutsche Bank’s head of anti-financial crime stepped down just six months into the job, the German bank has named his replacement. RLAM has created a global equity team by poaching three staff from Waverton IM, while J. Safra Sarasin has a new managing director for client advisory in Hong Kong.
Four MassMutual affiliates have been merged under the Barings brand to create one of the world’s largest asset management organisations with AUM of more than $275bn (£207bn, €245bn).