Fund manager exodus leaves experience vacuum
‘When markets get difficult, you want to see a few grey hairs on your manager’
‘When markets get difficult, you want to see a few grey hairs on your manager’
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With the FTSE 100 having hit an all-time high on 20 March, the question for investors has become whether or not they should cash in or hang on for the possibility of continuing upward movement in UK equities.
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It is D-day for Threadneedles multi-manager division as shareholders vote at an extraordinary general meeting on whether or not to allow it to merge its funds with Seven Investment Management.
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Polar Capital has hired hired Nick Davis to head the launch of a Pan European fund later this year.
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International Adviser considers six potential financial implications of a “Yes” vote to Scottish independence
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Artemis has opened the offer period on its three new US equity funds. The funds have been in the works since managers Cormac Weldon and Stephen Moore left joined the firm in April from Threadneedle.
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Threadneedle Investments has hired Maya Bhandari as investment strategist for its multi-asset allocation team.
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Threadneedle Investments will be closing its Worldwide Select Multi-Manager Fund, which is just £3m in size.
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European equities is not for the fainthearted, but giant funds from Henderson and Threadneedle offer some security in being among the largest and longest-established vehicles in the sector.
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In response to government pension reforms, Threadneedle has launched a new fund lead by fund manager Toby Nangle.
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Threadneedle CIO, Mark Burgess, says the group has been left rather puzzled by the lack of an increase in core yields.
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Threadneedle Investments has appointed Ann Roughead to its board and the board of Threadneedle Investment Services, as a non-executive director.
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