Considering the volatility seen in markets over the past few months and the constant worry that developed economies might slip back into recession, it wouldn’t be surprising if investment management firms were cutting back.
HSBC Global Asset Management today said it was launching a new renminbi fixed income fund, via its Luxembourg-based Global Investment Funds Sicav, to cater for the growing appetite in the UK and Europe for renminbi-denominated products.
Net retail fund sales slumped to their lowest level for two years, though UK equity and bond funds sales jumped as investors flocked to domestic names.
Spyros Andreopoulos explains why we can learn a lot about the future direction of monetary policy given who is taking the decisions and what they themselves have studied in the past.
After 11 hour negotiations following months of conversations, a number of agreements have been reached to help reduce eurozone sovereign debt.
French asset management firm Prim’ Finance has launched a new commodities fund, investing in base and precious metals, available to UK investors.
Baring Asset Management has appointed Tom Mann as an investment manager in its international and world equities team.
Brookfield Asset Management and the investment arm of the government of Dubai have combined to launch their first Dubai-dedicated real estate fund.
Alternative investing used to be fairly clear-cut – anything other than equities, bonds, property and cash – but now even these are arguably ‘alternative’.
Investors might have to get used to more frequent bear markets and shorter, sharper downturns, leading to muted returns in future years, according to Thomas Becket, manager of PSigma’s Dynamic Multi-Asset Fund.
Assets under management in Asia ex-Japan and Australia are expected to nearly double to $4trn by 2015.
Henderson Global Investors has become the latest UK-based investment company to partner with FEIFA, following Jupiter’s announcement last week.
