Beware hyped up tech firms that destroy wealth, says Rathbones
Investors are at risk of over valuing innovative technology firms which offer the potential to disrupt established industries, investment manager Rathbones has warned.
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.
Five UK discretionary fund management (DFM) firms have formed the DFM Alliance, a partnership offering financial advisers a platform to improve client outcomes through information, education and collaboration.
Despite concern about China’s vulnerability to Donald Trump’s brand of isolationism, there are good reasons to be optimistic about the country’s growth in 2017, says Ed Smith, asset allocation strategist at Rathbones.
Mike Webb talks about his mission to revitalise Rathbones’ unit trust business and the impact of the UK’s decision to leave the European Union
If a week is a long time in politics, then in markets it can make or break a trader, while heightening the contrarian instincts of investors with a longer-term view.
With news overnight that the Bank of Japan has unveiled a new form of stimulus, professional investors and economists reacted with mixed enthusiasm.
Rathbone Unit Trust Management said it plans to launch an offshore version of the Rathbone Income Fund for investors based in Continental Europe.
Zurich names a new head for its global divison in Hong Kong, while Switzerland’s EFG appoints a chief executive in Singapore. The Guernsey regulator hires a new lawyer to its decision’s panel, and BMO expands its European sales team.
Old Mutual Global Investors has created a new head of China business role, while Newton Investment Management is bidding farewell to its veteran chief executive and Rathbones has appointed a new head of equity research.
The UK’s largest open-ended property funds gated flows or implemented exit charges to prevent a post-Brexit run on the asset class earlier this month, trapping £15bn ($19.8bn, €18bn) of investors’ cash and casting a cloud over the City. But many flexible investors were able to see the warning signs and evade the net, says David…