Emerging market growth funds make a comeback
Emerging markets are increasingly attractive but selecting the right fund is the key to performance, according to Morningstar.
Emerging markets are increasingly attractive but selecting the right fund is the key to performance, according to Morningstar.
Fidelity International has poached its new multi-asset co-portfolio manager from Henderson and Jersey Finance has a new business development director for funds. Meanwhile, Neptune’s Douglas Turnbull is set to join Invesco Perpetual.
The recent oil price retreat is just noise, and large cap energy company valuations are at historical lows, according to Toby Gibb, Fidelity International’s investment director of European equities.
PineBridge Investments has a new head of Switzerland and Austria, while Guernsey Finance has promoted its multilingual international business development director to deputy chief executive. Fidelity International has appointed a head of equity.
Standard Life and Aberdeen have clearly defined the roles co-chief executives Keith Skeoch and Martin Gilbert will fill once the companies merge. Killik & Co’s Sarah Lord surprised many this week by announcing plans to move on from the company, while OMGI has parted ways with its fixed income head.
There has been little buzz around the last-ever Spring Budget taking place on 8 March, ahead of triggering Article 50. International Adviser has pulled together views from the industry about what it expects or would like to see addressed when the chancellor takes to the despatch box.
A pickup in growth and earnings on the horizon in Europe offers investors could outweigh the political risks that many have focused on leaving its markets undervalued, according to Fidelity International’s Bill McQuaker.
The growing potential for market volatility is making defensive securities more attractive and could make 2017 the year investors are best off in low risk income generating assets, said one top multi-asset fund manager.
Fidelity International has named a country head of China, while Standard Chartered in Hong Kong has made a raft of senior appointments following the resignation announcement of the bank’s chief executive. The US Securities and Exchange Commission has confirmed more departures ahead of the presidential inauguration.
After 10 years with the business, the chief executive of Axa Global Asset Management has announced she is stepping down. James Hambro & Partners has made three senior staff members partners of the business, with Fidelity International handing five multi-asset open range funds to a new portfolio manager.
Here are the Hong Kong winners of Fund Selector Asia’s third annual fund management awards.
Fidelity International has become the first global asset manager allowed to launch investment products in mainland China through a wholly-owned local subsidiary, in the latest move by Beijing regulators to open up the country’s capital markets to foreign firms.