While the AIMS Target Return Fund has delivered its volatility pledge, barely budging in reaction to China growth fears in 2015 and 2016, or to Brexit and the election of Donald Trump as president of the US, it has missed its return target by a significant amount.
Brewin Dolphin is one of the few discretionary fund managers to put its head above the parapet and defend its use of the agent as client relationship with advisers, which has recently come under fire.
Seneca Investment Managers has poached Gary Moglione from Amundi Asset Management as it builds out its investment team and splits out responsibility for developed and emerging equity markets.
Robotic and artificial intelligence funds have caught headlines with promises to deliver profit as robots take over the world, but professional investors hold mixed views on their role in a diversified portfolio.
Fixed asset allocation in the passive Vanguard Lifestrategy range has seen duration soar above 9 years, so how are active multi-asset managers positioned as interest rates look set to rise?
Aviva Investors’ Richard Rainback has left the business and joined Allfunds Bank as a fund analyst.
Quilter’s multi-asset business has raided rival asset managers for senior management hires, as it rebrands to Quilter Investors under the Old Mutual managed separation in which the group’s single and multi-asset strategies have been split.
John Chatfeild-Roberts has said global equity markets peaked in January, before stocks sold off and investors declared the return of volatility.
Financial Conduct Authority chief executive Andrew Bailey has listed the growth of decumulation products as a key issue for the regulator as it prepares to launch its retirement outcomes review.
Advisers continue to favour Vanguard Lifestrategy for multi-asset exposure, despite concerns the range’s high duration leaves investors exposed to rising interest rates.
Vanguard’s £9.6bn Lifestrategy range is exposing investors to interest rate risk, as governments and corporates buying up cheap, long-dated debt skew duration in indices that the passives giant tracks.
A multi-asset ETF product that is only available through financial advisers has been launched by Progeny Asset Management.
