GAM names co-CIO for alternatives
Randel Freeman heads up the division alongside Albert Saporta
News
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Weekly Outlook: US banks and Barratt Developments results
Key events for wealth managers for the week beginning 8 July
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Labour wins landslide majority to send Starmer to Downing Street
Commentators welcomed the result, but warned the party’s honeymoon period would be short amid a desire for swift change
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Scottish Mortgage buybacks: ‘We’d rather be spending that money on new investments’
The trust is spending £40m a week on buybacks, following £311 payout to halve ‘uncomfortable’ stake held by Elliott
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BlackRock: Eltifs could become the ‘vehicle of choice’ for private market investments
The launch of Eltif 2.0 has removed some of the structural barriers to private market investment
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Claudio Ferrarese exits Fidelity after 17 years
Mike Riddell to take over strategic and total return bond funds
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Monks: Analysts weigh in after trust lags benchmark for third successive year
Monks share price return for the year to 30 April matches FTSE World Index at 19.1%
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Green Ash Partners brings on two funds from Centre Asset Management
Centre American Select Equity and Centre Global Listed Infrastructure funds brought to platform
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Mirabaud and Regnan funds gain Square Mile rating
While FSSA Japan Focus was stripped of its ‘Responsible A’ rating
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Home Reit loan fee rises to 7%
Lender Scottish Widows revised terms from 5% after Home Reit’s failure to secure refinancing
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Calastone: Equity fund flows have their best six months on record
They raked in £11.4bn in the first half of the year, with UK investors favouring US and global funds
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Premier Miton’s Nick Ford to retire as Federated Hermes’ Knox joins firm
Alex Knox will join from Federated Hermes to take up Ford’s responsibilities on the firm’s US funds