hsbc opens frontier strategy to retail
HSBC Global Asset Management has unveiled a Luxembourg-domiciled frontier markets fund for retail investors.
HSBC Global Asset Management has unveiled a Luxembourg-domiciled frontier markets fund for retail investors.
The FSA has fined Julian Harris, owner of a Kent-based IFA business with the same name, for a third time for failing to perform adequate due diligence before appointing advisers.
The IMA has taken the easy way out and copied the ABI’s mixed asset sector definitions so, unfortunately, the debate over how to categorise the various Managed Sectors is not over yet.
Deutsche Bank has teamed with ex-Goldman Sachs Asset Management chairman and hedge fund veteran Leon Cooperman to launch the Ucits-compliant DB Platinum Omega Fund.
Natixis Global Associates has announced the launch of a US value fund managed by Harris Associates for UK investors.
The IMA has changed its Managed Sector definitions to mirror those recently introduced by the ABI.
Bob Doll, chief equity strategist at BlackRock, says markets will be range-bound for the foreseeable future, with an improvement dependent on policymakers “gaining traction”.
Axa IM has announced the appointment of Benjamin Rumary as investment sales manager for the Channel Islands, Ireland and South West.
Kames Capital, formerly Aegon Asset Management UK, is to launch into the Asia market and has opened its first office in the region.
Structured product distributor Gilliat Financial Solutions is to launch an offshore range, and has appointed a director to oversee the companys expansion into the sector.
Equity funds saw their largest outflows since the height of the 2008 global financial crisis in October, according to the latest statistics from the IMA.
A ream of recent data shows big funds and fund houses still gain the bulk of investor and adviser support. Is this deserved or not, and should 2012 be the year for change?