nervous investors still prefer cash
Investors remain nervous of equities, bonds and property and have shown a preference for cash and money markets for the first half of 2012, despite a relatively strong start to the year for global markets.
Investors remain nervous of equities, bonds and property and have shown a preference for cash and money markets for the first half of 2012, despite a relatively strong start to the year for global markets.
According to research from Scorpio Partnership, the wealth management industry is responsible for 9% of the wealth of the UK population.
Emerging markets saw their biggest capital outflows since the collapse of Lehman Brothers in the four months from September, according to latest figures from CrossBorderCapital.
Wealth managers are suspicious of putting money with managers taking on new funds in sectors where they have little track record, so where does this leave Daniel Roberts for whom Fidelity has today unveiled Global Dividend Fund?
Citi and Research Affiliates have joined forces to design a global sovereign bond index series with country weightings based on ‘economic footprint’ rather than the amount of debt they hold.
The IMA has launched its delayed Mixed Investment 0-35% Shares Sector after managing to list enough funds to make it viable.
Discretionaries willingness to establish unitised portfolios has helped push the amount of IFAs outsourcing some or all of their investment process up to 42%, according to Defaqto.
Russell Investments has appointed Pascal Duval as chief executive of its Europe, Middle East & Africa businesses.
Charles Stanley announced an 8.6% rise in net inflow of funds in the third quarter, but revenues for the period were still down at £27.3m compared to £32.3m at the same time last year.
Fidelity Worldwide Investment has unveiled its latest equity income fund run by ex-Gartmore manager Daniel Roberts, who joined the firm at the tail end of last year.
Ajay Argal looks forward to a boost to India’s equity markets from a $35bn infrastructure spend from the government.
Mutual funds focused on the UK have performed better and more consistently in the past three years than those investing in any other region, according to data from Lipper.