We all know emerging markets are not confined to Asia and South America, but often emerging Europe is neglected to our shame. Turkey is one country that has quietly been getting its house in order, and could teach the Chinese a thing or two about 'soft landings'.
Schroder’s Rajeev De Mello has reduced risk in his Asian fixed-income portfolios because of concerns over the upcoming US fiscal cliff.
Kleinwort Benson is to rationalise the 21 funds in its Global Funds range following a review to improve operational efficiencies and simplify the offering across multiple jurisdictions.
Up to 5.5m people could drop into the financial advice gap following the implementation of RDR, according to research by Deloitte.
The Association of Investment Companies (AIC) has called on its members to consider publishing full portfolio details after RDR is implemented next year.
Old Mutual Wealth, the overarching brand for Skandia and Old Mutual Global Investors, reported asset growth of £1.8bn in the third quarter during a transitional period CEO Paul Feeney said had been reported in a confusing way.
Last night saw Barack Obama win a second term as US president, overcoming criticism over his handling of the economy and strong competition from Republican candidate Mitt Romney.
Rathbone Brothers intends to raise £24.2m via a share placing to finance acquisitions, in what it views as a favourable economic and regulatory climate to expand over the next few years.
Aviva Investors’ Andrew Lake has joined Mirabaud Asset Management as global high-yield manager.
Starting valuations, not the gloomy economic outlook, will drive future returns with a P/E ratio of 11x representing a cheap entry point into UK equities, according to Schroders’ Richard Buxton.
FE Trustnet has partnered with FundsNetwork in an attempt to offer clients a “one-stop shop” for implementing investment decisions.
Invesco Perpetual’s Adrian Bignell has boosted his allocation to financials after recent improvements in the sector and monetary policy moves.
