Investec AM expands global equity income strategy to UK
Investec Asset Management has added the Investec Global Quality Equity Income fund to its UK product range.
Investec Asset Management has added the Investec Global Quality Equity Income fund to its UK product range.
A senior figure at Deutsche Asset Management is take to a medical leave of absence, as parent company Deutsche Bank bolsters its compliance and anti-financial crime divisions. Fidelity has poached a portfolio manager from Henderson Global, while Charles Stanley is to suffer a senior departure.
Axa Group has announced a high-profile return and a senior appointment. A new role of managing director UK has been created at Investec Wealth & Investment, while significant departures have been announced by Miton and Argonaut.
Like Janet Yellen’s Federal Reserve, it would appear that UK wealth managers are planning to be very data dependent in the second quarter.
Two out of three financial advisers (64%) believe it will become increasingly difficult to provide in-house investment management to clients over the coming two years, according to a survey by Investec Wealth and Investment.
While a vote to leave the European Union would likely be negative for UK retail demand, the sector is more resilient than many others, according to Investec.
The majority of financial advisers (82%) expect to see increasing numbers of clients referring them to other family members, according to research from Investec Wealth & Investment.
Investec has launched two new structured products tied to the future performance of the UK’s main FTSE 100 index.
South African President, Jacob Zuma’s decision on Sunday to name the country’s third finance minister in five days, saw the country’s currency and Johannesburg and London-listed financial stocks rebound sharply in early trade on Monday.
As we enter winter there are clouds on the horizon for the United Kingdom economy and Chancellor George Osborne has to deliver his Autumn Statement against an increasingly murky backdrop.
Fund managers have responded with equanimity to the UK CPI inflation figures released today, saying the underlying data does not suggest a deflationary scenario.
Canaccord Genuity Wealth Management has hired Duncan Reid as a senior investment director in its London investment team.