Schroders has recruited its head of solutions from BlackRock, while JP Morgan has expanded its ETF team with a double hire and Blick Rothenberg has hired a complex tax specialist for HM Revenue & Customs tussles.
Manulife is consolidating its wealth businesses and moving several key figures, while JPMAM has raided the UK Treasury to hire a chief market strategist for Europe and UK and Lombard International created a new chief operating officer role.
The bulls and bears are out in force, divided over the prospect of a market correction in the near future, but is it wise to hedge equity exposure or is good old-fashioned diversification the way to go?
Two asset managers have warned that bond investors, particularly those in passive vehicles, are too exposed to duration risk without realising it.
An Old Mutual director is to run for president of Zimbabwe, while Old Mutual Asset Management and Axa Asia are both losing their chief executives. Deutsche Bank Wealth Management has appointed a former Coutts & Co chief executive to head up its UK business.
Stephanie Flanders is to leave JP Morgan Asset Management, while Prudential has named a financial planning and strategy director for its advisory firm. Mirae Asset Global Investments has a new head of Nordic sales.
Japan’s economy is beginning to show signs of life, but is this another false dawn, or a sign that Prime Minister Shinzo Abe’s reforms are working?
The global economy is finally emerging from the doldrums of the financial crisis and it is a prime time to move into more ‘unloved’ industries says Francesco Conte, co-manager of JP Morgan’s European smaller companies investment trust.
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.
After a recent survey found more than 80% of investors believed corporate bonds were overvalued, a JP Morgan portfolio manager has argued the case for keeping money in the asset class.
JP Morgan Asset Management plans to launch more funds for China distribution through the mutual recognition of funds scheme, even though overall MRF sales have been slowing, said Henry Tong, head of China retail business.
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.
