Aberdeen to announce job cuts
Aberdeen Asset Management will announce job cuts at the end of the month, but these will not include front-end investment staff, according to weekend newspaper reports.
Author: Cherry Reynard
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Former IA head calls for industry reform
Former head of the Investment Association Daniel Godfrey has called for greater simplicity and transparency from investment managers, in an interview with the Financial Times.
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Equities rally to slow, says Pictet
The rebound in global equities since the beginning of October looks largely played out, unless there is a turnaround in earnings forecasts, said Christophe Donay, chief strategist at Pictet Wealth Management.
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PA ANALYSIS: Investors ignore robot revolution at their peril
Robots have long exerted a fascination for movie-makers, but a new report from Merrill Lynch suggests that investors should be paying just as much attention.
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IA presses EU for inclusion of ongoing charge figure
The Investment Association said it welcomes the publication of draft EU rules on how key information about investment products should be presented to consumers.
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James Hambro & Partners launches managed portfolio service
Wealth manager James Hambro & Partners has launched a range of managed multi-asset portfolios, using the same approach as the group’s discretionary service.
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City Financial’s Harris predicts ‘extreme stimulus’ in China
Extreme stimulus measures are likely to be deployed in China to contain the country’s credit issues, says Mark Harris, head of multi-asset at City Financial.
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China and commodities the trust winners in October
Investment trusts specialising in China and large cap commodities were winners in October, according to research from QuotedData.
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UK wage growth weaker than expected
Marginally weaker wage growth figures may give Mark Carney the excuse he needs not to raise rates, says Shaun Port, chief investment officer at Nutmeg.
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PA ANALYSIS: Tulloch’s departure – Can his team continue his legacy?
Whenever a high profile fund manager leaves a group, it prompts considerable hand-wringing among investors about whether they should remain invested in their funds.
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BlackRock’s Koesterich predicts persistent dollar strength
Russ Koesterich, global chief investment strategist at BlackRock, has said the continued rise in US long and short-term rates is likely to push the dollar higher, exerting pressure on precious metals prices and supporting the case for hedging currency exposure in international stocks.
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All change at Stewart Investors in management shake-up
Stewart Investors has announced a shake-up of the management of its open-ended unit trust range, with Angus Tulloch and Jonathan Asante handing over managerial responsibility on a number of their funds on 1 July 2016.
