The average management fee gathered by the funds industry has “fallen dramatically” since 2007 due to the cyclical shift to fixed income products and an inclination toward less expensive funds, according to investment research firm Morningstar.
Esemplia, Legg Mason’s dedicated emerging markets firm, has hired two new senior investment staff.
Real estate will continue to offer attractive yields, but will be outperformed by equities in the growth stakes, according to ING IM.
Consumer trends and not GDP growth should be the key consideration for investors looking to take advantage of opportunities in China, suggest specialist investment firm Matthews Asia.
Morgan Stanley has added three new UK-aimed capital protected products to its digital range, which are now open for investment.
Over one-third of investors feel advisers are not sufficiently clued up on Ucits hedge funds despite research showing that blindly allocating to the vehicles for diversification purposes can be damaging to portfolios.
This year is predicted to be a strong year for risk assets, with the usual caveats about volatility, but as Dart Capital’s team makes clear, fixed interest presents another problem entirely.
When your apprenticeship has been served under one of the City’s legendary figures, you have a lot to live up to. Thankfully for Simon Edelsten, he has learned his craft well.
RLAM saw inflows rise 66% to £2.3bn in 2012, buoyed by investor appetite for bond funds, which made up 88% of total new money.
Alternative assets used as diversifiers may be damaging portfolios due to high correlation with other underlying assets, a report by Capital Generation Partners shows.
Principal Global Investors has bought a majority stake in Liongate Capital Management in a bid to meet increased client demand for both alternative investments and portfolio-wide hedged solutions.
Graham Glass has been appointed head of fixed income at City Financial, having managed the firm’s Strategic Global Bond Fund on an outsourced basis since its re-launch in January 2012.
