Robin Johnson departs Morningstar for Nedgroup
Robin Johnson, head of portfolio management, EMEA at Morningstar Investment Management, has left the firm to join Nedgroup in South Africa.
Robin Johnson, head of portfolio management, EMEA at Morningstar Investment Management, has left the firm to join Nedgroup in South Africa.
There is a strong case to be made that British property funds have had their latest spell of time in the sun and have begun a significant downswing, but the situation seems more nuanced than that.
Morningstar has fully exited from the property investments in its active managed portfolios, the company said.
Right now, the only thing facilitating trust between the financial services industry and society is regulation says Guy Sears.
The cheaper a fund is, the better the chance it outperforms its peer group, a study by Morningstar has shown.
Outflows from open-ended funds in Europe continued apace in February, the latest data from Morningstar reveals.
Asia showed the strongest organic growth of fund inflows at 18.6% among the regions analysed by Morningstar in its annual research paper on flows.
With returns from European equities distinctly harder to come by than during the QE inspired climb last year, active funds falling short in active share terms are going to find investors less forgiving.
Morningstar has placed the former Gold-rated Old Mutual UK Smaller Companies Focus fund under review following the announcement that manager Dan Nickols is to step down.
A poll at Expert Investor Europe’s Alternative Ucits Congress in Versailles earlier this month showed that little over half of delegates negotiate the fees they pay for their alternative investment funds. Dan Kemp of Morningstar finds this figure ‘surprisingly low’, and suggests that fund selectors should attach more importance to costs.
With a Federal Reserve interest rate rise looming large and the Bank of England believed to be not a long way behind, there is an obvious case to be made that UK commercial property has had its time in the sun for now.
Columbia Threadneedle Investments’ Leigh Harrison has handed control of Threadneedle UK Equity Income to Richard Colwell, the firm has announced.