blackrocks winship to take on global ab ret
BlackRock has launched a global absolute return bond fund within its Luxembourg Sicav Range, to be managed by Ian Winship its head of sterling fundamental fixed income team.
News
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wealth managers views on the fscs
The FSA has urged “all stakeholders” in the financial services sector to engage with its Financial Services Compensation Scheme (FSCS) funding review in order to produce a system that is as fair as possible.
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pioneer to bring 19 funds to uk
Pioneer Investments is planning to bring 19 funds to the UK market with the launch of a Luxembourg-domiciled Sicav in August, which will act as an umbrella for its proposition.
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uk posts negative gdp growth
UK GDP growth shrunk 0.7% in the second quarter, according to preliminary estimates released today from the Office for National Statistics (ONS).
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Wainer to head up gam advisory board
GAM has created an investment advisory board for its managed portfolio business, chaired by global head of investments Graham Wainer.
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us fund groups most trusted
Flows into both equity and bond funds during the third week of July were dominated by US fund groups as a combination of corporate earnings, macroeconomic data and geo-politics sent investors mixed signals.
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investment professionals see equity tide changing
Developed market equities are seen as undervalued by half of investment professionals, according to the latest survey by the CFA Society, while 73% think government bonds are overvalued.
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Amundi adds to London-listed ETF range
Amundi ETF has added two to its London-listed product range.
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ashby storms ahead to promotion at ignis
Graham Ashby has shaped the Ignis UK Equity Income Fund in line with his views and is now ready to take over as head of UK equity at the fund house.
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hsbc beefs up global macro team
HSBC Global Asset Management has made four hires to the Philip Poole-led global macro and investment strategy team.
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burvill pattullo barnard new 1bn proposition
Chris Burvill, John Pattullo and Jenna Barnard are to jointly run the Henderson Cautious Managed Fund that has now been merged with the firm’s Managed Distribution Fund.
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man to restructure after posting 164m loss
Man Group has announced its intention to restructure to allow it access to extra revenues following its six-month results reported an operating loss and a fall in funds under management.