PEOPLE MOVES: River & Mercantile, Matthews Asia, Investec
River & Mercantile shakes up top team, Matthews Asia appoints CFO from BNY Mellon, Investec names Europe MD
River & Mercantile shakes up top team, Matthews Asia appoints CFO from BNY Mellon, Investec names Europe MD
Fund managers share humbling experiences that have shaped how they invest Click through the slides below to see the four lessons learned.
Investors need to be focusing more attention on the potential for rising rates – both inflation and interest – and the implications for fixed income portfolios as global economic growth conditions continue to improve, says Neuberger Berman’s Jon Jonsson.
Goldman Sachs signals its next chief executive will be an electronic DJ, Momentum Pensions appoints a managing director of its UK arm and Aegon hires a head of investor relations.
“Much more needs to be done” by the big three credit ratings agencies to incorporate environmental, social and governance (ESG) concerns into their issuer ratings, according to Neuberger Berman.
Generali has named a replacement for the outgoing head of investments at its asset management division. Meanwhile, the chief executive of Zurich North America is to depart and Manulife has appointed a president and chief executive for Asia.
BNP Paribas Asset Management has hired a new head of client sales for its marketing division and Neuberger Berman has a new Chinese equities portfolio manager. Meanwhile, Minerva Trust’s Wendy Inns is set to rejoin Hawksford after two years away from the company.
Aberdeen Asset Management has appointed a chief operating officer for Asia Pacific, while Old Mutual Wealth has named a chief financial officer, tasked with driving forward the company’s planned demerger. Pictet Asset Management has a new head of UK intermediaries.
The industry’s revolving door slowed down as the Easter break approached. Lombard Odier IM created a head of third-party distribution role, while Neuberger Berman has a new head of China. The former managing director of Fharlie Advisers has appeared at Livingbridge.
The dollar surged this morning on the back of only the second Fed rate rise since the 2008 financial crisis.
Neuberger Berman is to access the US, Europe and emerging markets with a Dublin-domiciled Global High Yield Bond Fund, headed by Patrick Flynn.
If the UK leaves the European single market following the Brexit vote, the country risks losing its financial passporting rights.