HL launches multi manager European fund
Hargreaves Lansdown has launched its Multi-Manager European Fund after raising £91 million during the offer period.
Hargreaves Lansdown has launched its Multi-Manager European Fund after raising £91 million during the offer period.
The number of new mixed-asset funds launched in 2014 and registered for sale in Europe exceeded the number of bond launches last year and accounted for 25% of the market, data from Lipper showed.
Volatile markets have brought about a marked shift in favour of multi-asset income products among independent financial advisers.
Architas is the latest provider to slash prices on its passive product range, announcing on Tuesday it has cut the price of its multi-asset passive range.
Legal & General Investment Management has announced the launch of a new multi-asset fund aimed at seeing clients to and through retirement.
Henriette Bergh joins as head of Europe product and manager solutions in the newly created role.
Invesco has hired Claudia Raoul as a fund manager on the Paris-based multi-management team.
Threadneedle Investments has hired Maya Bhandari as investment strategist for its multi-asset allocation team.
Pictet Asset Management has recruited Baring Asset Managements former multi-asset team, ahead of the launch of a new Diversified Growth Fund.
Oliver Tucker, manager on Sarasin & Partners fund-of-funds range has left the firm to pursue a vocational career.
New data from the Investment Management Association and FundsNetwork shows the continued rise in demand for both income and mixed asset investments.
John Duffield-led Brompton Asset Management has recruited former Investment Manager Selection (IMS) chief executive Antony John to head up an expansion of its multi-asset business.