SLI’s Hambi ups Asia and EM exposure
Standard Life Investments’ Bambos Hambi has moved up to a neutral position in Asian and emerging market equities for the first time since 2010, when his MyFolio range was launched.
Author: Sam Shaw
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ONS survey points to equities aversion
Stocks, shares and premium bonds were considered the least safe way of saving for retirement, according to the Office of National Statistics (ONS).
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UBS launches ’robo’ wealth manager
UBS is entering the robo-advice space as it prepares to bring a digital wealth management proposition to market next month in a bid to attract younger clients.
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City Financial sells The Adviser Centre to Embark
City Financial has sold The Adviser Centre to Embark Group for an undisclosed sum as greater consolidation in the DFM and platform sectors are expected.
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Troy launches concentrated Global Income fund for Harries
Troy Asset Management has launched the Trojan Global Income fund for James Harries, with the manager committing to a higher-conviction approach, being less concerned with yield requirements than on his previous Newton funds.
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Jupiter’s de Blonay backs resurgent Indian credit cycle
Jupiter’s Guy de Blonay has taken nearly 5% exposure to India across his three portfolios, recognising the superior growth prospects and noting that its credit cycle is “coming back to life”.
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JPM: Brazil ready for easing cycle
The manager of the JP Morgan Brazil Investment Trust is confident the country’s recovery will continue through to next year, as the new government’s fiscal reform programme unfolds.
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Neptune and Raymond James join forces for DFM launch
Neptune is to launch a discretionary fund management business in partnership with Raymond James Investment Services under the moniker Equester Capital Management.
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Deutsche Bank in asset management spin-off rumours
Deutsche Bank is working on an initial public offering of its asset management division to rebuild its capital position, the Financial Times has reported.
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Lloyds Private Banking: Don’t underestimate sterling weakness
Wealth managers and their clients must be careful not to underestimate sterling weakness, particularly amid UK equity market highs, according to its new head of portfolio specialists.
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SLI hires from JPM to expand EMD team
Standard Life Investments has hired Imran Ahmad from JPMorgan Asset Management to boost its emerging market debt capabilities.
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Liontrust’s AUM swells to £5.7bn
Liontrust Asset Management has grown its assets under management by 19% in just six months, according to a latest trading statement by the firm.