fed choices limited so expect further stimulus
Neil Williams suggests the Fed has few options but to increase stimulus but questions what effect it will have on US consumers.
Neil Williams suggests the Fed has few options but to increase stimulus but questions what effect it will have on US consumers.
Fairbairn Private Bank has appointed Robert Currie as head of UK private banking, a move that comes hot on the heels of the departure of former head of banking David Stearn and former CIO Russel Waite earlier this week.
Neil Gregson is to take over as the manager of Ian Henderson’s natural resources funds early in 2012.
Lombard Odier Investment Managers has appointed Bruce Turner to manage the healthcare portfolio strategy element of its 1798 Fundamental Strategies Fund and Global Equity Long/Short Fund.
First State has launched an Emerging Markets Bond Fund with Helene Williamson and her newly-established EM debt team at the helm.
It has been a tough day for those employed by Credit Suisse, who may wish to keep their heads down following the companys £6m FSA fine over failures in its selling of some structured products.
Long/short equity strategies are falling out of favour in the alternative investment space, while global-macro and CTA strategies are set to continue their rise in popularity, according to ML Capital Asset Management.
Polar Capital has appointed Ton Tija to establish a European Market Neutral franchise for the group.
Kames Capital has poached three team members from specialist property multi-manager ING REIM as part of its continued transition following the rebrand from Aegon Asset Management.
F&C’s retail business saw net inflows during the third quarter, despite the group reporting outflows, due to a focus on targeting IFAs with multi-manager products it said today.
The FSA has fined Credit Suisse £5.95m for failings related to sales of structured capital at risk products (SCARPs) in the UK.
Rory Smith says optimism surrounding European progress towards a ‘grand plan’ to deal with the debt crisis is premature, and further tests are yet to come.