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.
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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.
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Volatile markets have brought about a marked shift in favour of multi-asset income products among independent financial advisers.
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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.
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Legal & General Investment Management has announced the launch of a new multi-asset fund aimed at seeing clients to and through retirement.
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Henriette Bergh joins as head of Europe product and manager solutions in the newly created role.
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Invesco has hired Claudia Raoul as a fund manager on the Paris-based multi-management team.
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Threadneedle Investments has hired Maya Bhandari as investment strategist for its multi-asset allocation team.
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Pictet Asset Management has recruited Baring Asset Managements former multi-asset team, ahead of the launch of a new Diversified Growth Fund.
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Oliver Tucker, manager on Sarasin & Partners fund-of-funds range has left the firm to pursue a vocational career.
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New data from the Investment Management Association and FundsNetwork shows the continued rise in demand for both income and mixed asset investments.
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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.
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