Mark Mobius, AKA Mr Emerging Markets, announced earlier this year that he will be stepping back from the day-to-day management of several high-profile funds at Franklin Templeton Emerging Markets Group but says he plans to keep working to the end.
Standard Life Investments hires an ex-JP Morgan executive director, as Hargreaves chairman Mike Evans reveals he will be stepping down. Franklin Templeton poaches a key figure from Aberdeen Asset Management while DFM Beaufort has hired a new investment manager.
Mark Mobius is to stand down from fund management duties on a range of 12 Luxembourg Sicavs but will remain as executive chairman of Templeton Emerging Markets Group.
Globaleye’s managing director has departed with immediate effect, as St James’s Place is to lose its chief executive of 11 years at the end of 2017. Indosuez Wealth Management has bolstered its Midde East team with two appointments.
Frontier markets are growing at a much faster pace than emerging markets, according to Mark Mobius, executive chairman of the Templeton emerging markets group.
Interest in environmental, social and governance (ESG) investing is set to grow despite no hard evidence on how it influences performance, according to Kelsey Biggers, head of investment risk at Franklin Templeton.
Franklin Templeton Investment has launched a Luxembourg-registered global currency fund.
Sanofi and Henkel have faced a fair amount of derision from commentators this week having both issued negative yielding corporate bonds, but could this be a sign or major troubles to come in fixed income markets?
If the UK leaves the European single market following the Brexit vote, the country risks losing its financial passporting rights.
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.
The strong development of Islamic finance is “a reflection of genuine retail demand”, said Mohieddine Kronfol, chief investment officer of global sukuk and MENA fixed income.
Friends Provident International has appointed a chief marketing officer for MEA, while Manulife have named a head of distribution EMEA. A Schroders fund manager is stepping down and a reorganisation at Franklin Templeton will see one fund manager stepping back from his day-to-day management role.
