ashcourt rowan hires palmer
UK wealth management group Ashcourt Rowan has hired Generali’s David Palmer for its asset management division.
News
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fsa takes action against colin jackson
The Financial Services Authority (FSA) has taken action against Baronworth Investment Services chief executive Colin Jackson and his firm over its financial promotions.
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hendersons horizon pan european fund
Morningstar OBSR has put the Henderson Horizon Pan European Equity under review following the announcement co-manager Bill Stormont has left the fund house.
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european 2012 fund sales to exceed 200bn
Sales of long-term funds in Europe are expected to have reached more than 200bn last year, figures from Lipper suggest.
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japan to embark on 10trn stimulus effort
Japan’s new government has unveiled a ¥10.3trn (£72bn) stimulus package to spark a revival in the world’s third largest economy.
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momentum unveils risk profiled range
Momentum Global Investment Management has launched a range of risk-profiled multi-asset funds designed to offer returns above inflation.
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Euro trio depart Henderson
Henderson Global Investors has confirmed the departure of a trio of European equity managers, Paul Casson, Bill Stormont and Simon Savill
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mott extreme monetary policy risks inflation
PSigma’s Bill Mott is becoming increasingly worried that inflation is set to rise further as the central banks persist with “extreme” monetary policy.
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mirabaud am launches dynamic allocation strategy
Mirabaud Asset Management has launched a multi-asset strategy for chief investment officer of asset allocation products Pierre Pinel, which offers “flexible management on all traditional asset classes”.
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rathbones inflows slowed in challenging 2012
Rathbone Investment Management (RIM) witnessed a slowdown in inflows for the year to 31 December 2012 compared to a year earlier, despite acquiring a higher amount of funds during the period.
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uk financial services trump competitors in gdp
UK financial services contribute a higher proportion to national GDP than foreign counterparts do to their country’s economic output, according to a report published today.
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new inflation index given lukewarm welcome
The Office for National Statistics’ (ONS) plan to create a new inflation measure has been met with scepticism by asset allocators.