PA Analysis: Jupiters star hire bodes well for EM alignment
Jupiter Asset Management CEO, Martin Slenderbroek recently compared the firm to the oil services industry.
Jupiter Asset Management CEO, Martin Slenderbroek recently compared the firm to the oil services industry.
Jason Pidcock has resigned from Newton Investment Management and is to join Jupiter to build up its Asian Income fund capability later this year.
According to Newtons Paul Schenk, Mexico remains very much a work in progress as expectations remain somewhat apart from reality.
Risks seen around bullish views on US economy, Fed
Newton switches lead portfolio managers on Higher Income and Oriental funds.
Newton’s Global Higher Income team has questioned the validity of the economic recovery and believes that “escape velocity” is still some way off.
Sanlam’s income study sees the addition of Unicorn and Chelverton’s small-cap income funds to its white list; Newton Higher Income and Jupiter Income have moved onto its grey and black lists respectively.
Ex-Newton Higher Income Fund manager Tineke Frikkee is to join Smith & Williamson Investment Management to head up its UK Equity Income Trust.
Newton Asset Management has expanded its global fixed income team with the hire of high yield specialist Khuram Sharih.
New recruit Ben Russon is to take over as lead manager of the Franklin Templeton UK Select Growth Fund in June and is already working on what he describes as an effective re-launch of the product.
Newton IM head of fixed income Paul Brain has slashed local currency emerging market debt exposure in his BNY Mellon Global Dynamic Bond Fund in fear of Lat Am markets which have "squandered the commodity premium".
Standard Life has bagged itself a bargain, acquiring Newton Private Clients for around £83.5m in a move that will more than triple its AUM.