Nick Train has told Finsbury Growth & Income investors double-digit falls in major holdings over the year to date provides places to deploy cash, which he expects to come in for bids on Fidessa and Dr Pepper.
Ex-Old Mutual Global Investors UK equities head Ashton Bradbury has been brought on board as a non-executive director on a Hargreave Hale VCT as parent firm Canaccord Genuity Wealth Management looks to boost its fund management business.
Wells Fargo Asset Management has launched a Ucits-compliant global equity absolute return fund.
Liontrust’s John Husselbee believes that the majority of active emerging market debt funds are too immature to invest in now, but hinted he will switch from passive to active funds in the sector at some point.
Sanlam UK has expanded its portfolio management team with the appointment of Daniel Szabo as portfolio manager.
Climate change has landed oil majors offside with a number of investors representing $10.4trn worth of assets ahead of their annual general meetings (AGMs) over the next couple of weeks.
As the US Federal Reserve leads the developed world on hiking rates, fund managers weigh in on whether the greenback’s strength will continue – upsetting emerging markets along the way – or if structural elements in the US economy provide reasons to be bearish.
Neptune has confirmed it is losing its India fund manager to a start-up emerging markets fund, the same week its hire of a high-profile fixed income veteran indicated its raft of staff exits might be coming to an end.
Index-linked funds’ filters will avoid companies exposed to nuclear power, weapons and tobacco as asset manager seeks to cash in on trend for socially-conscious investing.
The UK investment management industry needs to access the European Union via mutual recognition, not equivalence, after Brexit, argues Personal Investment Management and Financial Advice Association policy adviser Alex Merriman.
AJ Bell’s latest interim results are its most profitable as it eyes a premium listing on the London Stock Exchange.
Legal & General Investment Management has become the latest fund manager to launch a passive fund tracking companies with diverse boards.
