The most recent Merrill Lynch Fund Managers survey found that there had been a significant swing from growth to value. In April, a net 40% of managers believed value stocks would outperform growth stocks over the next 12 months, three times the level in March.
The unanswered question coming out of the FCA fining Invesco Perpetual £19m yesterday is: why did nobody else spot this?
The announcement of Dickie Hodges’ imminent departure from LGIM earlier this week means boutique houses are once again given the opportunity to show off their wares as investors go looking for a replacement.
Apparently, wealth managers are turning their attention back to emerging markets - are they mad?
This week has brought another round of soft-closures: HSBC and St James Place are the latest groups to take steps to slow flows into their frontiers and Asian strategies respectively. The frequency of fund closures has increased and represents a sea-change for an industry once entirely focused on gathering assets.
Legal & General Investment Management has 76 fixed income professionals on its books, but Richard Dickie Hodges is the one it least wanted to lose.
Last week brought mixed news for the mining sector, so which way are opportunities in this sector heading?
We are a nation obsessed with bargains whether its retailers tempting us with Easter sales, or investors looking for the next great discounted opportunity but now more than ever is a time to look out for value traps.
The predicted post-RDR merger boom within the UK wealth manager market has not quite materialised but, judging by recent activity, the big players have their eyes set on international expansion.
IMA chief Daniel Godfrey talks of increasing the association’s “clout and credibility”, but what difference its tie up with the ABI will make to its aims remains to be seen.
These funds have proved their flexibility and ability to allocate within a range of areas in the fixed income market, but what are the new challenges entering this space?
As centralised investment propositions and outsourcing gain traction, the range of services offered by traditional wealth management businesses must look not only broader, but better, in order to remain competitive.
