Kleinwort Benson appoints head of bonds
Fadi Zaher has been appointed head of bonds and currencies at Kleinwort Benson as the firm looks to strengthen its client proposition and enhance its core offering.
Fadi Zaher has been appointed head of bonds and currencies at Kleinwort Benson as the firm looks to strengthen its client proposition and enhance its core offering.
Goldman Sachs Asset Management (GSAM) has unveiled a blended growth and emerging markets debt portfolio, a long-only vehicle which will invest in fixed income securities denominated in US dollar and local currencies.
Fidelity has launched the Emerging Market Local Currency Debt fund, the fourth in a series of emerging market debt funds recently launched by the firm.
Holding Japanese yen could still be a powerful portfolio diversification tool, despite its current depreciation, according to Mouhammed Choukeir, CIO of Kleinwort Benson.
The UK equity market is outpacing its European counterparts, and could continue doing so despite on-going currency woes according to the chief investment officer at Coutts.
UK investors considering selling offshore assets this year are being encouraged to start thinking about currency valuations as a priority as sterling continues it decline.
A less than rosy economic forecast by the Bank of England caused the pound to fall to a six-month low against the dollar and to one of its lowest levels against the euro for 15 months on Wednesday.
Japanese equity funds enjoyed a record-breaking start to February as inflows hit a 34-week high and retail commitments reached their highest level since Q2 2006, data from EPFR shows.
Tideway Investment Partners’ Global Navigator Fund has increased its allocation to foreign currency to 35% due to fears of a weakening pound.
The dollar/yen carry trade back in 2007 was a $1trn investment and while it is nowhere near that level now there are plenty of investors returning to similar relative plays.
Newscape Capital has launhced its latest Ucits fund taking advantage of price anomalies in OECD country currencies and interest rates.
Joblu Miah argues that investors will need to look more closely than they have in the past at thier foreign exchange exposure and how they benefit form exposure to currencies other than their domestic one for both short-term and long-term returns.