With the continued heat surrounding the ETP market, recently ratcheted up by ESMA’s release of its long-awaited consultation, there could be no better time for the launch of a independent firm concentrated on the controversial vehicles.
New investment management firm Altana Wealth is opening its Altana Distressed Assets Fund (ADAF), run by founder and CIO of the firm Lee Robinson, to outside investors.
Lee Robertson addresses the very vocal comments from low-cost fund providers and argues the case for active fund managers.
Richard Romer-Lee has been named managing director for Morningstar’s investment consulting business in Europe, overseeing operations at OBSR in the UK, Morningstar Associates Europe, and Seeds in France.
OBSR has downgraded the BlackRock UK Fund in the wake of its management change, revealed by Portfolio Adviser yesterday.
Despite talk of corporate strength and strong cash flows, Paul Watters argues default rates will rise this year across Europe with the more vulnerable companies restructuring their debt.
SWIP, M&G, Schroders, Standard Life and St James Place are the fund houses with the most “dog assets under management” according to Bestinvest’s latest Spot the Dog report.
Pictet Asset Management has launched a global government bond fund which will use an alternative strategy to select bonds based purely on the countrys ability and willingness to pay.
Meteor Asset Management has announced the launch of two new structured products, the Prima Platinum Plan 15 and the FTSE Income Deposit Plan 6, targeting returns of 10% and 7.25% per year respectively.
Momentum Global Investment Management has appointed Graeme Brown as business development executive focusing on distribution and business development within the intermediary and wealth management space.
Tim Cockerill names three small-cap investment trusts that will best take advantage of the modest economic recovery he feels has just started.
Boutique fund manager Guinness Asset Management has launched a new “RDR ready” clean fee share class across its seven funds, with an AMC of 0.75%.
