Markets
News by: Emma Dunkley
Kames give Milburn co-manager on High Yield Global Bond fund
Kames Capital has named Claire McGuckin as co-manager of its High Yield Global Bond fund alongside Phil Milburn.
3i to buy Barclays’ £780m infrastructure fund arm
Private equity firm 3i Group is set to buy Barclay’s £780 million infrastructure fund management business, in a bid to raise fee income.
Arigatou Japan! Is Nikkei still world's top equity hotspot?
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.
FCA fines JP Morgan £3.1m for wealth management failings
(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 raids Lloyds for client adviser team
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.
Lloyds & RBS confirm capital strength after regulatory probe
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 boosts ETF range with low-cost product suite
Vanguard Asset Management has launched four exchange traded funds (ETFs) providing low-cost exposure to global equity markets.
The dealmaker: is funds world set for rampant consolidation?
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 names new fixed income boss
T Rowe Price International has hired Arif Husain from Alliance Bernstein as head of the firm’s international fixed income arm.
Miton appoints law guru Davies as non-exec chair
Miton Group has appointed Jim Davies as non-executive chairman of its Liverpool-based subsidiary Miton Capital Partners.
Aberdeen’s Wolman: Emerging market debt still offers significant value
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.
Dan Nickols: capacity is not yet an issue in my fund
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.
Why the UK could become ‘tax advantageous’ location
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.
Why bullish Integral AM has a 95% allocation to equities
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
Tier One Capital names ex RAC MD as chairman
Graeme Potts is to join the Newcastle-based wealth management boutique run by ex-Coutts pair Ian McElroy and Stephen Black.
Shard Capital launches structured products consultancy service
Shard Capital has launched a structured products consultancy service for wealth managers, family offices and local authorities.
Paul Causer: the best value and biggest risks in fixed income
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.
Why Woodford's head was turned by eight 'exciting' firms
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 hires Aviva’s Hendy to drive adviser strategy
Heartwood Investment Management has hired Nick Hendy as intermediary client director, to drive the firm’s financial adviser distribution strategy.
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Aberdeen Live supplement: Fundamentals point to ongoing flows and solid returns from EMD
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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Why value-sapped private equity may still be worth a punt
Private equity trusts are no longer the value play they once were, however Pantheon's Andrew Lebus explains why they still deserve a place in investors' portfolios.
Sponsored: An uncompromising approach to income
In the current income environment, an understanding of the challenges and opportunities present is crucial to uncovering yield. Read more on this topic in the Income Opportunities supplement, in association with Lazard Asset Management.
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