Industry veteran Peter Mann has reappeared at Momentum UK, while Russell Investments is banking on an ex-BlackRock man to head up its Europe, Middle East and Africa region. Hermes has named a head of fixed income.
It was announced on Thursday that Snap, owner of Snapchat, has been valued at $22.2bn (£17.8bn, €20.9bn) ahead of its IPO next month, but could the secret to technology investments be in finding the ‘hidden’ technologies propping up the household names?
Investors have jumped into emerging markets for the wrong reasons, according to Hermes Investment Management’s Gary Greenberg, and with the strong possibility of a Federal Reserve rate hike, he predicts it is only a matter of time until they realise they have had their dessert before the main meal.
Making a call on currencies can be make or break for a portfolio and as the global economy enters uncharted waters, managers are looking for signs of the next big swing
Axa Investment Managers has appointed a deputy manager to its Framlington American growth fund. Sanlam has named two senior changes and a retirement, while Hermes EOS has appointed a director of engagement.
Hermes Investment Management’s global head of business development joined the company in 2011 and immediately set about transforming how the business was perceived, rejuvenating its fortunes in the process.
Schroders has announced a host of senior moves in Asia Pacific, with Deutsche Bank reporting a high-level departure in the region. Old Mutual Wealth has named the head of its Financial Adviser School, while the firm’s Global Investors division is losing its absolute return manager following a difference of opinion.
Argentina raised around $16.5bn on 18 April in its first sovereign bond sale in 15 years after a US judge lifted injunctions stopping the country from raising funds. But rampant inflation, job losses, and domestic strife spell trouble for this Cinderella story.
Last year saw record inflows into SRI funds yet the choice available is ok at best according to the buyers and potential buyers of said funds.
Whether you support or oppose chancellor of the exchequer George Osborne and his party, it is hard to argue he is not a shrewd operator and a safe pair of hands for the British economy.
The appointment merry-go-round has begun to turn in 2016; with Aviva Investors, Old Mutual Global Investors, and BNP Paribas Securities Services among those announcing appointments, promotions, and departures.
Environmental, social and governance issues are failing to influence fund managers’ decision-making, despite the growing awareness of ESG-related problems, according to a new report from Hermes Investment Management.
