Spinks to join Saunders
Michael Spinks has been named co-manager on the Investec Diversified Growth Fund which has been headed up by Philip Saunders since the end of 2006.
News
-
-
European funds top over 20 years
European funds are the best performers over 20 years, FE data shows, yet six times in the past 10 years Europe has been the worst selling retail sector, according to IMA statistics.
-
Investors sole benefactors AIFMD
Just over half of alternative investment fund managers (AIFMs) expect more funds to flow into alternative investment vehicles as a result of easier access following the alternative investment fund manager directive (AIFMD) which became law today.
-
Dividends mark all-time quarter high
UK companies paid out more than £25bn in gross dividends over the second quarter, £1.8bn more than the same time last year and the largest ever quarterly payment, according to the latest Capita Registrars’ report.
-
Schroder REIT NAV falls
The Schroder Real Estate Investment Trust (SREIT) had an unaudited NAV of £157.8m as of 30 June, a fall of 1.7% compared with its NAV as of 31 March, according to its interim statement.
-
Global Bond sector houses mega funds
The Global Bond sector has the highest proportion of billion-plus sized funds across 30 of the main IMA sectors, according to factsheet data from FE Analytics. Almost a quarter of the sector's constituents have over £1bn in assets.
-
RBC hire LatAm expert
Juan Pablo Cortes has been appointed director, Americas at Royal Bank of Canada’s (RBC) London-based UK private client wealth management team.
-
Tatton acquires Prism Capital
Prism Capital Management’s four risk-rated funds will move to independent asset management business Tatton following its purchase for an undisclosed sum.
-
AllianzGI unveils EMD offering
AllianzGI is building a global emerging market debt team to be headed up by Greg Saichin, who will join the firm in September.
-
Real assets lower volatility
Investments in real assets, such as timberland and infrastructure, can lower the volatility of mixed asset funds without hampering returns, according to think tank Global Financial Institute.
-
Pioneer expand EM team as part of sector push
Yerlan Syzdykov has been promoted head of emerging markets bond and high yield at Pioneer Investments following the departure of Greg Saichin.
-
Towry eyes expansion with new Cardiff IFA recruit
Martin Briggs is to join Towry as part of the wealth manager’s expansion into South Wales.