Khowala takes over Fidelity American Fund as Kaye departs
Aditya Khowala is to take over management of the Fidelity American Fund from September 1, following the departure of Peter Kaye, the firm has announced.
Aditya Khowala is to take over management of the Fidelity American Fund from September 1, following the departure of Peter Kaye, the firm has announced.
It has been a summer of ‘fixes’ so far this year, argues FundCalibre director, Clive Hale, China’s been fixed, Greece hasn’t been and gold looks to have been ‘fixed’.
Consumer price inflation rose slightly in July from 0% to 0.1% in July the Office of National Statistics said on Tuesday.
Mark Carney has, according to the Sunday Times, told fund managers to prepare for a mass sell-off in stocks and bonds that could be triggered by a Bank of England rate hike.
A combination of sovereign-related and company specific credit downgrades in the resources sector has seen a dramatic change in the make-up of the global high yield credit market said Fraser Lundie, co-head of credit at Hermes.
Global dividends fell 6.7% year-on-year in the second quarter Henderson said on Monday.
Morningstar has downgraded its rating on Harry Nimmo’s Standard Life UK Smaller Companies Fund from gold to silver.
Barring commodities, it is hard to think of a more hated asset class than emerging markets right now, especially after the events in China over the past few days.
The demise of the convertible bond market has long been foretold but it continues to persevere and, for the team at NN Investment Partners, the options it provides are perfectly suited to the current environment.
The latest fund flow report from Bank of America Merrill Lynch shows a clear move to the hills as investors rotated out of risky assets like high yield and emerging market debt into high quality government bonds and money market funds.
In the latest Brewin Dolphin podcast, head of fund research, Ben Gutteridge talks to M&G’s Richard Woolnough about, among other things, the changing nature of bond market liquidity and the pros and cons of scale.
A large number of multi-asset allocation funds being used in model portfolios are highly correlated to the portfolios in question, new research by Natixis Global Investors shows.