gilbert and young cash in on aberdeen
Aberdeen Asset Manangement’s chief executive, Martin Gilbert, and managing director of Asia, Hugh Young, have sold over £6m worth of shares in the company.
Aberdeen Asset Manangement’s chief executive, Martin Gilbert, and managing director of Asia, Hugh Young, have sold over £6m worth of shares in the company.
GAM has made two senior hires to run a new long only emerging market fund due for launch in Q1 next year.
Legg Mason Global Asset Management has made its $12bn global fixed income strategy available to UK investors through its Dublin-domiciled LMGF fund range.
As the FSA publishes its report into the failure of RBS, we ask whether the new incarnation of the regulator planned for 2012 will make a difference to crisis aversion in the future?
Pioneer Investments has launched a mirror of its US-domiciled multi-asset real return fund as a Sicav.
Friends Life Investments has hired the fixed income team from LVAM to initially run the fixed income assets within its annuity liabilities, shareholder funds and assets backing other non-profit liabilities.
First State has bolstered its global equities team with the appointment of two new sector investors, Julie Thomas and Ben Yeoh.
James Cullen argues that democracy is working against the reining in of government spending and fiscal union that are needed to put in place the necessary structural reforms on either side of the Atlantic.
FSA approval should be required for all major bank acquisitions and a debate should be held about the potential to allow stronger action from the City watchdog in the future, according to its chairman, Lord Adair Turner.
According to EFAMA’s latest monthly statistics, October shows continued net outflows from Ucits and non-Ucits funds while the value of assets rose slightly.
Lombard Odier Investment Managers (LOIM) has appointed Jan Straatman into a newly-created chief investment officer position.
The majority of UK private investors consider their risk profile to be adventurous or aggressive, despite the continuing eurozone crisis and downgraded global growth forecasts.