Woodford boosted by soaring healthcare stock
A Neil Woodford-backed healthcare stock climbed 114% on Tuesday.
Author: Sebastian Cheek
-
-
Lowcock leaves Architas for DIY platform
Adrian Lowcock is leaving Architas at the end of the month to join a direct-to-consumer platform provider, Portfolio Adviser has learned.
-
Commodities poised to finally join the bull market
After a torrid nine years of losing investors money in a raging bull market, commodities could finally start to see a change in fortune.
-
Aggressive Fed warned not to overcook it
A hawkish US Federal Reserve has bumped interest rates by 25 basis points and hinted at two more rises by the end of the year, but industry figures believe over-aggressive tightening risks derailing the Trump trade.
-
‘Decoupling back in vogue’: US equity sentiment turns positive
Global fund managers are finally turning positive on US equities and commodities while sentiment towards Europe and emerging markets has cooled, according to the latest Bank of America Merrill Lynch fund manager survey.
-
Comgest enters UK with key hire and London office
Paris-based asset manager Comgest has opened a UK office in London and hired Iain MacPherson to develop its presence in the wholesale market.
-
LGIM’s five laggards on climate change
Legal & General Investment Management (LGIM) has named several companies it will vote against and divest across its entire range of equity funds for failing to address climate change. Click through the slides to find out who has been targeted.
-
How to ensure clients do not outlive their savings
When pension freedom was introduced by the government three years ago soundbites flew around about individuals splurging their lifetime savings on flash sports cars or buying second homes to fund their twilight years.
-
GSAM hires Source founder for European ETF drive
Goldman Sachs Asset Management has hired Peter Thompson to head up its exchange traded fund (ETF) business.
-
JPMAM boosts fixed income firepower with six hires
JP Morgan Asset Management (JPMAM) has made a raft of hires to its global fixed income team to help address changing central bank monetary policy, rising interest rates and the late stages of the credit cycle.
-
FTSE and US shine in tough month for Latam
The FTSE 100 and North American funds were the stand-out market performers in May, but Latin American funds struggled as a confluence of factors hit Brazil’s economy hard.
-
Aviva’s multi-asset team shuns domestic stocks
Aviva Investors’ Paul Parascandalo and Thomas Wells believe the UK brings little to the global party while there is everything to play for in the emerging markets and US sectors.