Watching todays pictures of an awkward David Cameron struggling to keep pace with basketball lays bare the lengths image-conscious politicians have to go to rack up on diplomacy points, particularly when the US public may soon call time on his ally President Obama.
Hermes’ Global Emerging Markets division has announced the appointment of two new analysts, Stephen Yan and Kunjal Gala, who will work on the Emerging Asia Fund and Latin America and EMEA research respectively.
Eden’s Mark Harris argues that with correlations moving lower and the dispersion in returns becoming greater asset allocation is crucial to portflio success in 2012.
Investors put concerns about absolute return funds on the back burner at the start of 2012, as they poured 880m into them in January alone.
MAM Funds has announced it will roll out a new non-trail commission share class across its range of funds in mid-March, as it joins Rathbones, Cazenove and Schroders in the drive to become ‘RDR-friendly’.
Legal & General Investment Management saw net new business more than halve in 2011 to £3bn from £6.6bn a year earlier, even as assets under management grew 5% under its plans to expand globally.
Man Group has launched a Commodities Fund for both retail and institutional investors, offering exposure to the asset class within a Ucits format.
Just over three years since Lang and Pattisson departed Liontrust, the asset manager has announced its second acquisition in six months, taking its AUM back over £2bn. Under the tenure of John Ions the firm has undergone a remarkable recovery, but he is not finished yet, not by any means.
Pioneer Investments has named David Hanratty as head of both its UK and Ireland distribution division and its global strategic partners group, relocating him to London in the process.
Jonathan Schiessl is to concentrate on Ashburton’s Asian fund offerings, with Veronika Pechlaner taking over his International Equity Funds.
Brooks Macdonald’s half-year results show an increase in assets under management as well as a continuation of its growth strategy.
Liontrust is to buy Walker Crips Asset Managers (WCAM) for £12.3m, it was announced today, with Stephen Bailey and Jan Luthman who head up the division moving across upon completion.
