The majority of asset managers polled in a recent survey have admitted they are still unclear about the requirements of the Foreign Accounts Tax Compliance Act (FATCA) despite the cut off period for compliance now less than six months away.
Cazenove Capital’s head of UK retail Rob Thorpe is leaving the business, the latest in a line of senior staff to leave the firm following its takeover by Schroders.
European equity manager Chris Rice is to leave Cazenove Capital Management after a decade with the business with Julie Dean taking over as head of the pan European equities team.
A distinct difference in the investment environment this year compared to last is that there seems to be some clarity in the equity market, with stock pickers coming to the fore.
Cazenove may hard close Julie Dean’s UK Opportunities and UK Equity Funds if new measures to stem inflows are not effective.
Schroders' Matthew Dobbs is expecting a more conservative upturn in regional Asian markets over the next six months compared with the previous period.
Over one-third of UK investors are planning to invest further during 2013, but risk missing out on growth opportunities by sticking to cash savings and the domestic market.
So we have come full circle. The final piece of the jigsaw puzzle has been put in place, and the Buxton/Old Mutual Matthews/Schroders Watt/Jupiter equation has been solved.
The Schroder ISF Global Multi-Asset Income Fund now has a retail GBP share class, enabling UK retail investors to access the fund in local currency, the group announced today.
Schroders has revealed Jupiter’s Philip Matthews will take the helm of Richard Buxton’s UK Alpha Plus Fund after his departure, while Neptune’s Alex Breese will manage the onshore and offshore Schroder UK Equity funds.
Adam Cordery is joining Santander Asset Management as global head of European fixed income after leaving Schroders last year.
The Policy Board of the Bank of Japan may have had a very encouraging first meeting under its new Governor though, as Nathan Gibbs argues, it is ongoing structural reform and government policy that will drive any sustainable economic improvement.
