Schroders Private Banking’s head of asset allocation sees oversold markets and a number of indicators saying it is right to panic. He asks if these same signs point to a rapid rebound or faster-paced downturn.
Rob Swan has joined Neuberger Berman as its new head of international marketing.
Barclays is to introduce a sterling share class of its commodity-based absolute return Capital Combats Fund into the UK.
“Let’s twist again, like we did last summer”, so goes the song by Chubby Checker, which seemed to be the sentiment behind Ben Bernanke and co.s announcement of further monetary stimulus yesterday.
Standard Life Wealth is the discretionary arm of the eponymous life company, set up to challenge the way private client money is currently being run. Its claims are not unique, but the overall packaging from a multi-billion pound parent probably is.
Warren Tonkinson has been appointed global head of distribution at Skandia Investment Group and Old Mutual Asset Managers, as the businesses continue along the road to becoming fully merged.
Liontrust chief executive is confident he can grow the business to £5bn in assets udner management in the next five years.
The Federal Reserve has extended Operation Twist and is to spend a further $267bn on long-dated securities by the end of the year.
Liquidity concerns cited by many IFAs to be a major turn off when it comes to investment trusts do not appear to be a problem for private client wealth managers who hold large positions in closed-end vehicles, according to JPMorgan Asset Management.
Kevin Addison has resigned form his position as head of wholesale at SWIP having taken on the role a little over 18 months ago.
Seven Investment Management has joined forces with US firm Pzena to launch a new US Large Cap Diversified Value strategy, marking the latter’s first foray into the European fund market.
First quartile funds that fluctuate within the risk spectrum will not be deemed suitable for many clients after RDR, forcing advisers to change the way they screen products, according to Mike Webb CEO of Rathbones Unit Trust Management.
