News by: Emma Dunkley
Kames Capital has named Claire McGuckin as co-manager of its High Yield Global Bond fund alongside Phil Milburn.
Private equity firm 3i Group is set to buy Barclay’s £780 million infrastructure fund management business, in a bid to raise fee income.
After partying hard for the last few weeks, investors woke up to a splitting Japanese hangover this morning, but asset allocators still see plenty of potential in the nation's stockmarket.
(Update) The Financial Conduct Authority has fined JP Morgan International Bank £3.1 million for systems and control failings in its wealth management business.
Rothschild has created a new client adviser team with the appointment of Charles Costa Duarte and Jake van Beever to its UK wealth management business.
The banks have confirmed they are able to meet new capital requirements after the Prudential Regulation Authority conducted analysis into the strength of their balance sheets.
Vanguard Asset Management has launched four exchange traded funds (ETFs) providing low-cost exposure to global equity markets.
Despite the emergence of behemoth firms like BlackRock in the asset management space, the concentration of assets is limited and more merger and acquisition activity could be on the cards.
T Rowe Price International has hired Arif Husain from Alliance Bernstein as head of the firm’s international fixed income arm.
Miton Group has appointed Jim Davies as non-executive chairman of its Liverpool-based subsidiary Miton Capital Partners.
Aberdeen’s Max Wolman believes investors should shift a portion of their fixed income allocation out of over-indebted developed countries into higher yielding emerging markets, despite the long-held view emerging market debt is much riskier.
Old Mutual Global Investors’ Dan Nickols believes there is room for another £200 million of inflows into his fund, despite other smaller company vehicles in the sector soft-closing.
The UK is set to emerge as a tax haven as other countries impose more punitive regimes and wealth starts to shift from the emerging markets to the West.
Hywel George, founder and manager at Integral Asset Management, discusses why he is heavily weighted towards emerging markets through exchange traded funds (ETFs) and his negative outlook for gold
Graeme Potts is to join the Newcastle-based wealth management boutique run by ex-Coutts pair Ian McElroy and Stephen Black.
Shard Capital has launched a structured products consultancy service for wealth managers, family offices and local authorities.
The focus may be on unsustainably low sovereign debt yields, but Invesco Perpetual’s co-head of fixed interest Paul Causer has warned that high yield is overvalued and investors in ‘cocos’ are at significant risk of losing capital.
Invesco Perpetual’s Neil Woodford is known for his big, defensive bets, but the manager also puts money to work in smaller start-ups. Wealth Manager was given an insight into why they caught his eye.
Heartwood Investment Management has hired Nick Hendy as intermediary client director, to drive the firm’s financial adviser distribution strategy.
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After a record year for inflows and market-leading performance in 2012, emerging market debt has taken a large step towards the mainstream. Our recent debate covers the outlook for the asset class this year and where opportunities can be found.
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