Vanguard launches fresh attack in price war
Vanguard has launched a new offensive against competitors in the ongoing fund price war with the introduction of its first actively-managed bond fund in the UK.
Author: Sebastian Cheek
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OMGI’s Ormiston: euro at $1.30 spells pain
Old Mutual Global Investors’ Ian Ormiston believes the strong euro is not having a material impact on European companies, but warns this could change if it breaches $1.30.
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BlackRock shakes up global top brass
BlackRock has made several changes across the firm at executive level, including the promotion of Rachel Lord to head of EMEA.
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Fulcrum to launch multi-asset income fund
Fulcrum Asset Management is launching a multi-asset income fund that aims to enhance yield using an options overlay.
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Hermes backs world’s largest corporate sustainability drive
Hermes Investment Management has signed up to the United Nations Global Compact, a set of principles aimed at improving corporate sustainability across the globe.
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Sanlam appoints UK distribution head
Sanlam UK has hired John Pyburn as head of UK distribution.
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JPMAM raids Treasury for Flanders’ replacement
JP Morgan Asset Management (JPMAM) has appointed one of Chancellor of the Exchequer Philip Hammond’s special advisers as its chief market strategist for Europe and UK.
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Ex-Tilney man joins Old Mutual Wealth
Old Mutual Wealth (OMW) has appointed former Tilney man John Porteous in the newly-created role of retail customer solutions director.
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Enhance promotes Wiseman to group chief executive
The Enhance Group has announced a new chief executive as it looks to increase the governance and management structure of its head office.
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It’s time for Draghi to taper QE
European Central Bank (ECB) president Mario Draghi was tight-lipped on tapering following the bank’s latest policy meeting, but industry figures remain confident the ECB will roll back the pace of asset purchases from next month.
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SEI boosts wealth platform with head of sales hire
SEI has added to it UK private banking executive management team with the appointment of Andrew Vickers as head of sales.
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Companies increase long-term focus as quarterly reporting falls
The UK’s top companies are reducing the publication of quarterly reports with an increasing number abandoning them altogether, the Investment Association has found.