The late 1950s and early 1960s heralded a golden age of food retail in Europe. Spearheaded by companies such as Sainsbury’s and Tesco in the UK and Carrefour in France, the large self-service store concept changed grocery shopping.
BMO Global Asset Management has launched its first exchange-traded funds in Europe.
Fund Selector Asia compares two Japanese equity funds.
Fund manager sentiment towards US equities had been negative for much of this year, with most asset management companies expecting a negative return over the next 12 months.
The pressure to preserve world growth is moving from emerging to advanced economies, said Neil Williams, group chief economist at Hermes Investment Management.
The case for investing in India has been well made recently, but warnings on the risks have been scarce.
JP Morgan Asset Management is rolling out a new US long-short equities fund managed by Rick I. Singh.
The European refugee crisis could cause a rise in market volatility, said Frédérique Carrier, director of European equities at RBC Wealth Management.
Barings’ Multi Asset Group has upgraded equities to “preferred”, amid encouraging signs of US growth.
Baillie Gifford has appointed Tom Slater as head of its North American team, taking over from interim head Gary Robinson.
St. James’s Place is to launch new bond and income funds on 2 November.
Schroders is launching an onshore version of its Schroder ISF Global Recovery Fund on 30 October. The fund will be managed by Nick Kirrage, Kevin Murphy and Andrew Lyddon.
