lgim appoints head of credit
Legal & General Investment Management has appointed Marion Stommel as head of credit, hailing from WestLB Mellon Asset Management.
News
-
-
nimmo disappoints over one year
Harry Nimmos Standard Life UK Smaller Companies Trust underperformed its benchmark in the year to 30 June and has seen 16.7% wiped off its share price high set on 7 May 2011.
-
schroders bolsters multi-asset team
Schroders has expanded its multi-asset team following the departure of Michael Spinks to Investec last month, an event that saw the promotion of two team members to co-manage his former funds.
-
schroders jolly to run bond fund
Schroders is to launch a long/short fixed income strategy for Bob Jolly, who joined the firm last summer in the newly-created role of head of global macro.
-
blackrock puts trust in us income
BlackRock has announced intentions to list a new North American equity income trust in London, targeting an initial annualised dividend yield of 4%.
-
Ken edwards makes industry return
Funds industry veteran Ken Edwards has joined Enterprise Investment Scheme (EIS) specialist Calculus Capital as a non-executive director
-
swip makes us changes fords mam funds
James Kinghorn is to run the US equity funds previously managed by Nick Ford ahead of the latter’s move to MAM Funds
-
low vol sees investors try to consolidate
Volatility funds have attracted steady inflows in the past few weeks as investors looked to take advantage of record low post-2008 levels and protect recent portfolio gains.
-
five steps for dealing with ucis ban
The FSAs proposed guidelines to ban the sale of Ucis to retail investors are a bold step, according to The Consulting Consortium (TCC). But the worst thing you can do is ignore them…
-
ireland plans sicav legislation
Irelands minister for finance has approved plans to introduce legislation which will allow Sicav structured funds to be domiciled in the country, as it gears up for the AIFMD.
-
stubbornly wide discount a buying opp
Henderson Smaller Companies has beaten its benchmark in eight out of nine years and is ranked top of 68 open- and closed-end UK small cap funds, making its stubbornly wide discount an opportunity, according to Canaccord Genuity.
-
axa changes management of talents funds
Axa Framlington has handed the Sicav Talents fund range to Mark Beveridge as its current manager has left the group.