Investors should hold up to 20% of their portfolio in Asia over the long term, even though short-term volatility is set to continue, according to Fidelity’s director of Asian equities, Catherine Yeung.
Bill Dinning says “the only solution for the euro area” is for the European Central Bank to buy government debt as aggressively as necessary to lower yields.
Cazenove Capital has boosted its credit team with the appointment of Carter Holloran as a high yield credit analyst.
Investment Trusts remain an attractive way to gain access to Equity Income mandates, as very few have cut their dividends despite market turmoil, according to Winterflood Securities.
Aegon AM and Charles Stanley reported resilient results today, with AUM proving more stable than other firms that have reported recently.
Invesco Perpetual has confirmed its full fund range will be available in share classes that do not pay commission, as it readies itself for the implementation of RDR.
Long-term funds in Europe suffered redemptions of 46.2bn in September, as continued market volatility in the month sent investors running scared.
Schroders saw net outflows of £2.7bn in its intermediary business during the third quarter, a slump that was balanced by net inflows of £2.8bn from institutional clients.
ETP inflows in October set a new high for the year, as investors showed no sign of falling out of love with the sector.
Meg Woods describes problems in China’s shadow banking system as well as a correction that is due in its property market.
Investors in 10-year Gilts could receive negative real yields of between 30% and 40% if the government continues to use them to restructure debt by stealth.
Investment manager Heartwood has announced partnerships with seven platform providers, including Novia, Transact and Standard Life, in a move that will grant IFAs access to its investment offering.
