Global ETF provider Invesco PowerShares has listed its US high yield fallen angels Ucits ETF on the London Stock Exchange, which tracks bonds that have been downgraded from investment to high yield.
The three largest multi-strategy funds for sale in Europe have fared better than most other absolute return funds since the UK’s shock vote to leave the EU. However, the Standard Life GARS fund continues to underperform its peers on a longer-term basis.
Despite the volatility of global financial markets this year and a steady decline in investment returns, confidence among the world’s sovereign wealth funds remains high, a survey by Invesco has found.
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.
Barclays Wealth & Investment Management confirmed the departure of its long-serving managing director, with Edmond de Rothschild replacing its outgoing chief executive and Bedrock snaring its new managing partner from Coutts.
John Richards, product director at investment management company Invesco, looks at the opportunities and challenges facing investors in the equity market and why he likes UK stocks.
Cazenove Capital has changed its head of wealth management in Singapore; while Natixis AM has named a new chief executive following the departure of incumbent Pascal Voisin. South Africa’s Standard Bank has also appointed a chief executive, while M&G Investments named a new fund manager to its multi-asset team.
Neuberger Berman announced a senior EMEA appointment, as Columbia Threadneedle reported a departure. ETF provider Source made 17 promotions; while Davy Asset Management added two new faces.
Invesco’s well respected Middle East chief, Nick Tolchard, has moved to a new role as head of EMEA for Invesco Fixed Income (IFI), where he will lead the team charged with developing the distribution of the investment manager’s fixed-income products across Europe, the Middle East and Africa.
Invesco Real Estate has launched the UK Private Rented Sector Fund, and simultaneously announced its first close having already raised £250m ($356.6m, €327.5m).
Invesco Powershares has listed its PowerShares Euro STOXX High Dividend Low Volatility UCITS ETF on the London Stock Exchange.
Invesco’s Alexander Tavernaro explains why he sees equities as the answer when looking for diversification away from…erm…equities.
