Macro matters: Is an Atlantic drift on the cards?
As the Fed’s tightening cycle draws to a close causing the dollar to decline, could a subsequent S&P 500 concentration risk drive investors across the pond in search of opportunities?
As the Fed’s tightening cycle draws to a close causing the dollar to decline, could a subsequent S&P 500 concentration risk drive investors across the pond in search of opportunities?
Discretionary fund management saw £430m of new money
Net inflows of £9.8bn only topped by the £11bn recorded in 2021
CEO’s comments come despite 75% drop in inflows and many funds lagging their benchmarks
Every month, Portfolio Adviser asks a cross section of industry commentators for their views on the same topic
However FUM remains a long way from the £154bn it had on the books at the start of the year
JP Morgan Asset Management will join Artemis and Redwheel on the roster of multi-managers
It hopes to complete a ‘series of deals’ in the coming months
At the investment consulting service, the former SJP director of liquid markets will focus on supporting UK and Europe-based clients
CIO Tom Beal named as successor
But isn’t worried about being late to the digital party
‘We do not recognise these numbers’