Rathbones eyes financial planning expansion
Rathbone Brothers is planning to develop its financial planning proposition more aggressively this year after nearing its target of £40bn ($55.8bn, €45bn) funds under management.
Rathbone Brothers is planning to develop its financial planning proposition more aggressively this year after nearing its target of £40bn ($55.8bn, €45bn) funds under management.
Developing nations have been racking up a lot of debt over the past few years, but Rathbones’ head of asset allocation research, Edward Smith, thinks this is unlikely to spark a widespread credit crisis.
Neil Woodford’s flagship Equity Income fund was downgraded by data-provider FE Trustnet in its latest rebalance from five crowns to just one, six months after receiving the debut accolade.
Rathbones’ Global Opportunities Fund has dropped its UK exposure from 25% to 7% over the past year.
The Rathbone Global Opportunities fund is running its lowest ever cash position because lead manager James Thomson is currently finding so many buy ideas in the market.
Lombard Odier makes two strategic appoints to its Germany and Austria team, Tilney names a business development manager and Rathbones pulls its new equity analyst from Fidelity International.
Though it might be tempting to view today’s India as yesterday’s China, Rathbones’ head of asset allocation Ed Smith thinks the region’s growth prospects could be even greater based on five key indicators.
The International Monetary Fund’s decision to downgrade the UK’s growth forecast for 2017 was likely a wake-up call for some investors. But is it a signal of more dire times ahead? Or just another year of mediocre growth?
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?
Investors are at risk of over valuing innovative technology firms which offer the potential to disrupt established industries, investment manager Rathbones has warned.
Europe is “cheap for a reason” according to Rathbones’ David Coombs, who said the recent turnaround in markets on the continent could be a false dawn for investors.
Rathbones is set to launch a managed portfolio service offering six actively managed strategies, led by David Coombs.