InvestmentAdviser ISSUE 18 August 2008 >> News

Leading Story

Threadneedle head of equities quits to join Gartmore

Dominic Rossi, head of equities at Threadneedle, is leaving to become chief investment officer at Gartmore Investment Management.

News

L&G looks to emerging markets for more value

Legal & General's multi-manager team is looking to increase its weighting in emerging markets to exploit low valuations in the area.

JOHCM finds fertile ground with healthcare and metals

Healthcare, industrials and energy are proving fertile investment ground for JO Hambro Capital Management's £27m US Opportunities fund.

Investec prefers European government bonds to US counterparts

Government bond valuations for the developed world are nearing all-time highs, but some regions still show promise, according to Investec Asset Management.

Advertising

Mixed reactions to risk-rated funds in Q2

Barings says funds in its risk-rated portfolios are flat but Skandia takes £22m in its Spectrum funds in second quarter

Octopus appoints Setchell as investment manager

Octopus Investments has beefed up its investments team with the appointment of Matthew Setchell as investment manager.

Eclectica looks to gain momentum with fund launch

Group to use relative momentum quant screen with no fundamental research undertaken

Thames River starts tap issue for Multi-Hedge trust

Thames River Capital has started a tap issue for its Multi-Hedge investment trust that could add just under 10 per cent to its share capital over one year.

OMAM appoints Mark Allpress as head of UK sales

Old Mutual Asset Managers has appointed Mark Allpress as head of UK retail sales.

Ruffer increases weighting to quality large caps

Investment director moves up the cap scale, but still maintains high weightings in financials

BlackRock tops net sales Q2 league table

Lipper Feri data shows company's numbers boosted by sales in £1.3bn UK Absolute Alpha fund

Russia managers reject long-term war worries

Some managers cut Russian exposure, but still say long-term investment case remains intact

Plimsoll research reveals dim future for IFA market

Following a backlash from IFAs over its last batch of research, industry analyst Plimsoll Publishing has released an updated study, but the figures still reveal a bleak future for the IFA market.

Neptune's Russain fund hit by equity sell-off

The £398m Neptune Russia & Greater Russia fund lost more than a quarter of its value in sterling after negative news prompted a Russian equity sell-off.

Emerging market managers still optimistic despite crisis

Emerging market managers' allocation of assets in Russia has not changed dramatically despite negative headlines and falling markets over the last two weeks.

Lazards appoints Williams as strategic alliances manager

Rory Williams has joined Lazard Asset Management as strategic alliances manager.

Gunputh joins BNY Mellon's Family Offices Services group

BNY Mellon Wealth Management has appointed Joshi Gunputh as a client relationship manager to its Family Office Services group.

Fry Group moves into IFA-owned wrap Nucleus

The Fry Group, a tax and financial specialist, has joined IFA-owned and controlled wrap platform Nucleus.

Ashburton expands European equities team

Ashburton, an active investment manager based in Jersey, has expanded its European equities team with the appointment of Veronika Pechlaner as investment manager.

Ascentric appoints Beverley as strategic accounts manager

Ascentric, a whole-of-market wrap provider, has appointed Robert Beverley as strategic accounts manager.

Harewood launches Tactical Accumulator Series

BNP Paribas subsidiary roll out Tactical Accumulator Series, which aims to take advantage of sudden changes in the market

LVAM partners Lighthouse for launch

Firm rolls out four Oeic subfunds will be available to external clients and advisers

Barings appoints Aldridge as head of UK retail sales

Baring Asset Management has appointed Rod Aldridge as head of UK retail sales.

IFAs will favour fees over commission, says Skandia

IFAs are planning on moving away from their reliance on initial commission in favour of fees over the next two years, according to a survey by Skandia.

Merrill Lynch survey reveals investors' recession fears

This month's Merrill Lynch survey of fund managers found fewer investors around the world worried about inflation and more about global recession.

Db x-trackers becomes fastest growing ETF provider

Db x-trackers has raised more than £11.7bn of assets since Deutsche Bank launched the ETF platform in January 2007, making it the fastest growing ETF provider in the world.

Braemar plans property fund

Braemar Group has announced that it is planning to launch a new property fund later this year.

Invesco hires Dickson for Asian equities

Invesco Perpetual has hired Tim Dickson as a fund manager on its Asian equities team.

Arch and Nice team up for residential property fund

Arch Financial Products, an alternative asset specialist, has teamed up with Nice Capital to launch a residential property fund to exploit falling house prices.

Hale resigns from Lincoln to join Genworth

Will Hale, head of distribution at Lincoln Financial Group UK, is resigning to join the new retirement income and wealth management team at Genworth Financial.

Franklin Templeton introduces sterling share classes for Mena fund

Franklin Templeton Investments has introduced sterling share classes to its newly launched Mena fund.

Anderson leaves Cru after 'difference of opinion'

Stuart Anderson, the former chief executive of Cru Investment Management, has left the company after what he said was a fundamental difference of opinion on where the company should go.

Swiss giant UBS announces three-way split

Swiss banking giant UBS announced plans to separate its business operations into three autonomous units, giving them increased operational authority and accountability.

Martin Currie eager to turn funds around

Martin Currie Investment Management has announced measures to turn around two underperforming products, including hiring a new investment analyst.

LVAM rolls out Diversified Income fund

LV= Asset Management has launched its Diversified Income multi-manager fund.

ETFS claims record trading on ETC platform

ETF Securities, the exchange-traded commodities specialist, said it has seen record trading volumes on its ETC platform over the last six weeks. The company, which now offers more than 120 ETCs, said its ETC trade last week alone came to more than $1.4bn (£750m).

Braemar gears up to launch property fund

Braemar Group announced that it is planning to launch a new property fund later this year.

Harewood launches Tactical Accumulator Series

Harewood Solutions, a subsidiary of BNP Paribas, has launched its new Tactical Accumulator Series.

Investors more worried about a recession than inflation

The latest Merrill Lynch Survey of fund managers found fewer investors around the world worried about inflation and more about global recession.

Emerging market managers remain optimistic about Russia

Emerging market managers' allocation of assets in Russia has not changed dramatically despite negative headlines and falling markets over the last two weeks.

Neptune Russia fund loses a quarter of its value

The £398m Neptune Russia & Greater Russia fund lost more than a quarter of its value in sterling after negative news prompted a Russian equity sell-off.

No long-term impact on Russia from Georgia conflict

Russia's war in Georgia and upheaval at its resource majors will have no long-term impact on its stock market, Russian equity managers have said.

ETF Securities reports record trading volumes

ETF Securities, the exchange traded commodities specialist, said it has seen record trading volumes on its ETC platform over the last six weeks.


Current Issue

05 January 2009 (View issue)

Marlborough buys main stake in Apollo

Marlborough revealed it has bought a controlling stake in Guernsey-based Apollo Investment Management as the asset management industry moves further towards greater consolidation.

Search Investment Adviser archive

Search

Supplements

Absolute Returns (View Issue)

Following the latest fashion

Absolute return funds have steadily become must haves in the current market environment

SIPPs (View Issue)

Sipps under the spotlight

Multi Manager (View Issue)

A sturdy ship in choppy waters

Absolute Returns (View Issue)

Just what are absolute returns?

UK Equity Income (View Issue)

A tough as old boots

FT Adviser Funds Data

Access the very latest fund performance indicators, comparison, analysis and insight in the FTAdviser.com Funds Data section.

Click here to find out more


FTAdviser  Jobs  RSS


FTAdviser Blogs

  • Z is for Zeros

    As Investors’ Alphabet draws to a close, could there be a more suitable word for it to end on ...