JPMAM expands international ETF team
JP Morgan Asset Management (JPMAM) is expanding its international exchange traded fund (ETF) business with two hires.
News
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Evenlode backs global equities with fund launch
Evenlode Investment has unveiled plans for its first global income fund as a “natural evolution” of its investment proposition.
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FOS backs complaint after client’s funds fall 50%
An ombudsman has backed a complaint from a former client of PFP Wealth Management after funds it chose for his pension slumped nearly 50% in the first year.
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Tilney boosts investment research team
Tilney Group has strengthened its investment research team with the appointment of a senior fund analyst.
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Jupiter veteran jumps ship for private equity firm
Louis Wood, a former business development director at Jupiter Asset Management, has joined private equity firm Ardenton Capital.
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Investment managers optimistic ahead of Mifid II
After a drop off in sentiment in the previous three months, asset and wealth managers in the UK are more optimistic about their overall business situation, according to the latest CBI/PwC Financial Services Survey.
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Active UK equity posts strong 12 months
According to the latest bi-annual S&P Indices Versus Active Funds (SPIVA) Europe Scorecard, active funds investing in the UK produced an average asset-weighted return of 24.2% from mid-2016 to mid-2017, compared with a 17.6% return for the corresponding S&P United Kingdom BMI benchmark.
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Sanlam pushes private office expansion with Close Brothers recruits
Sanlam’s newly launched private office arm has recruited Jonathan Moon and Will Cayzer, formerly of Close Brothers Asset Management, to push the venture forward.
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Alpha Financial Markets Consultancy, Aim, Aim Listing, Consultants’
Active funds investing in UK equities enjoyed strong 12 months, with 80% of sterling denominated funds outperforming benchmark.
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Wealth consultancy set for AIM float
A specialist wealth consultancy firm is set to float on the Alternative Investment Market (AIM) in October after reporting bumper growth.
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Aviva recharges multi-asset team after losing Samouilhan
Aviva Investors has named two additions to its multi-asset team following the departure of one of its top managers, Nick Samouilhan.
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Ronaldo flogs high-risk scheme to 60m Twitter followers
Football star Cristiano Ronaldo has recommended a controversial investment brokerage to millions of fans by advertising it on Twitter.
