Funds & Fund Managers
|Average Manager Total Return : 12.6% (30 June 2015 - 30 June 2016)|
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AXA IM names deputy on American Growth fund
David Shaw will support lead manager Stephen Kelly.
Pimco to cut jobs after steep outflows
US asset management firm set to restructure dividend strategies and reduce headcount as impacts of Bill Gross exit continue to be felt.
SLI opens US equity income mandate
Managed by Scott Eun, American Equity Income will utilise a total return-based bottom-up approach.
Harlow returns to top AXA IM UK small cap fund
Dan Harlow is back in charge of the AXA IM UK Small cap fund, replacing AAA-rated Henry Lowson who is leaving the firm.
OMGI's Far East push continues with BlackRock hire
Based in Hong Kong, Rob Weatherston will take the reins on the Old Mutual Japanese Equity Fund from 17 June.
Scottish Mortgage runs through reserve as income drops 26%
A 26% drop in underlying income at Scottish Mortgage has forced the investment trust giant to dip into its cash reserves.