Wealth Manager - the site for professional investment managers

Register for full access to Citywire’s Fund Manager database, news and analysis. Registration is free and only takes a minute.

Threadneedle hands Nangle new multi-asset alpha fund

Threadneedle hands Nangle new multi-asset alpha fund

Threadneedle Investments has launched a Multi Asset Target Alpha fund to be managed by its head of multi-asset allocation Toby Nangle.

Nangle previously helped oversee over $5 billion at Baring Asset Management before being appointed by Threadneedle over a year ago.

The Threadneedle (Lux) Multi Asset Target Alpha fund will be the first fund allocated to Nangle at the London-based firm and will be co-managed by Matthew Cobon, who currently overseas three Threadneedle absolute and target return strategies.

The fund will invest globally across traditional asset classes such as equities, bonds and currencies as well as gaining exposure to commodities, property and other assets. It will also be able to make use of short selling and leverage.

'Core government bond yields are now so low that there just isn’t enough room for them to fall to offer downside protection to a classic 60% equity 40% bond asset allocation. Portfolios need now to be managed more holistically,' said Nangle.

'The Multi Asset Target Alpha Fund will combine Threadneedle’s macro and micro views across asset classes to take full advantage of market inefficiencies with the aim of generating superior risk-adjusted returns.'

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Inside ETFs: Why the US bull-run still has legs

Inside ETFs: Why the US bull-run still has legs

Global equities suffered a sharp sell-off in the third quarter but exchange traded fund investors are continuing to back the US to outperform in 2015

Play Paul Niven: I won't rip up the Foreign & Colonial Trust history book

Paul Niven: I won't rip up the Foreign & Colonial Trust history book

The newly appointed manager of the Foreign & Colonial trust talks about his plans for UK's oldest investment company.

Play Dangerous daisy chains, Black Friday blues and Uber valuations

Dangerous daisy chains, Black Friday blues and Uber valuations

This week’s Investment Pulse looks at the domino effect in European banks, America’s disappointing Black Friday and how much Uber is really worth.

Your Business: Cover Star Club

Manchester wealth firm hires Coutts director for London launch

Manchester wealth firm hires Coutts director for London launch

Former Coutts director Tony Robinson has joined Chartered Wealth Management to head the company’s newly opened London office.

Wealth Manager on Twitter