Despite their dear price tag, the FANG stocks and Apple have had remarkable staying power, surviving a sell-off and reaching record share price highs. But has the relative safety of the tech giants come to an end?
Ex-Amundi man Michael Hart has joined Gresham House as head of distribution effective immediately.
Aberdeen Asset Management has said its outflows slowed in the second quarter to £2.5bn, but analysts said they doubt this reflects a true change in client sentiment.
A serious push into the US market is a key strategic target for the merged Standard Life and Aberdeen Asset Management group, according to Aberdeen’s global head of distribution.
Jupiter Investment Management chief executive Maarten Slenderbroek has pre-empted takeover rumours by stating the firm is not in the market for M&A.
The first US nonfarm payroll data since Donald Trump’s inauguration has made the Federal Reserve’s next rate moves harder to calculate, leaving investment professionals split on the US economy’s inflation trajectory.
Aberdeen’s head of UK and European equities Jeremy Whitley is to leave the firm in March after 16 years, succeeded by his deputy Ben Ritchie.
Tilney Bestinvest’s “Spot the Dog” report names M&G as the firm with the highest number of assets in underperforming funds and Aberdeen Asset Management as the fund house with the most ‘dog funds.’
First State Stewart and Aberdeen have long been the big names to trust in Asian and emerging market investing but wealth managers have a valid case for replacing them in portfolios.
Aberdeen Asset Management’s Roger Cornick is to retire as chairman and non-executive director at the end of this financial year, 30 September 2016.
Shares in Aberdeen Asset Management were as much as 4.6% lower in morning trade as the firm released full year numbers slightly below analysts’ expectations.
Aberdeen Asset Management has confirmed that its Asian equity investment director, Chong Yoon-Chou, will be leaving at the end of January.
