Martin Sorrell’s sudden resignation from WPP amid personal misconduct allegations raises questions about executive pay and the ad giant’s reliance on its former CEO, according to Luke Hildyard, director at the High Pay Centre.
Invesco Perpetual UK equities manager Mark Barnett has joined his predecessor Neil Woodford in the FE Hall of Fame for fund managers that consistently deliver alpha, despite both fund managers currently being fourth-quartile in their sectors.
Making good on campaign promises made in the run-up to the 2016 election, Donald Trump has threatened tariffs of $160bn against China, while retaliatory measures from the Asian powerhouse totalling $50bn aim to target politically-sensitive areas of the US economy. Portfolio Adviser asks the investment industry which sectors would be worst hit if the war…
Latin America’s three largest economies face elections in 2018 with leftist candidates keeping markets on tenterhooks, but fund managers remain optimistic on the region regardless of outcomes at the ballot box.
Active bonds suffered €7bn in outflows along with active commodities and convertibles, hitting Europe’s asset management industry hard in February.
A stretched premium has seen Lindsell Train top investment trusts for performance in the first quarter, over a period when the listed closed-ended funds outperformed wider markets, according to a report from Stifel.
Neptune founder Robin Geffen and CIO James Dowey have downplayed the recent tech sell-off and said that a “full blown” trade war between the US and China is unlikely.
Woodford-backed activist investment trust Crystal Amber has upped its stake in De La Rue, the UK company currently appealing the government following its failed bid to produce the country’s blue passports following Brexit.
Russian markets tumbled on Monday in response to US sanctions, but investors have described the country’s macroeconomic management as “exemplary” and said the market sell-off is a buying opportunity.
Australian boutique Antipodes Partners has launched a long-only global equity Ucits strategy as part of its expansion into the UK market.
Blackrock fund managers Sam Vecht and Emily Fletcher are already in the process of introducing emerging market stocks into the Frontiers Investment Trust following an expansion of its investment universe less than a week ago, as they seek opportunities in the “forgotten” countries of both indices, which show reduced correlation with mainstream markets.
Investors ploughed cash into multi-asset funds but shunned equities and bonds during February as volatility returned to markets.
