Mirabaud launches EM debt fund after senior hire
Mirabaud Asset Management has launched a Luxembourg-domiciled Emerging Market Debt fund following the hire of Daniel Moreno from Rubrics Asset Management.
Mirabaud Asset Management has launched a Luxembourg-domiciled Emerging Market Debt fund following the hire of Daniel Moreno from Rubrics Asset Management.
Investors in technology funds enjoyed strong returns in October, while four of the worst performing funds in the month were gold invested.
Despite adopting a cautious approach to risk, UK investors expect to generate an average 8.7% return on investments over the next five years, according to the Schroders Global Investor Study.
Seven Investment Management (7IM) is to rename and change the fee structure of its £62m 7IM Unconstrained Fund.
The pace of UK economic growth beat expectations in the third quarter of the year, further increasing the chance of an interest rate rise next week.
While never in doubt, the strength of victory of Prime Minister Shinzo Abe’s ruling party in Sunday’s snap lower house election exceeded expectations, with the Liberal Democratic Party (LDP) securing more than half the number of lower house seats.
Dividends paid by UK companies rose 14.3% to hit £28.5bn in the third quarter of 2017, which is a record payout for the quarter and the third largest quarterly total ever, according to Capita Asset Services.
All eyes will be on Japan this weekend as the country heads to the polls, with the incumbent Shinzo Abe looking set to win a fourth term as prime minister. However, a large victory may not be in the country’s best interest, managers warn.
According to a recent Bank of America Global Fund Manager Survey, the threat posed by a conflict between the US and North Korea is seen as the biggest tail risk to global markets.
The Association of Investment Companies (AIC) has announced that Rachel Beagles has been voted chairman-elect of the trade body, stepping up to the role of chairman on 17 January.
Franklin Templeton Investments has launched a smart beta emerging markets exchange traded fund, which aims to provide higher-risk adjusted returns and lower volatility than the MSCI Emerging Markets Index.
The average cash level held by global fund managers has dropped to its lowest level in more than two years according to October’s BofA Merrill Lynch Fund Manager Survey.