InvestmentAdviser ISSUE 08 September 2008 >> News

Leading Story

Insight prepares next absolute return push

Insight Investment is looking to launch a mass retail version of its inhouse European absolute return strategy.

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Barclays Wealth plan gives pension-pot boost

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Nucleus releases second IFA podcast instalment

IFA-owned fund platform Nucleus has launched the second in a series of podcasts on the IFA industry.

'Rock Hard Ruth' to sling at new targets

Deutsche veteran who won her spurs in Fitness First battle joins Artemis flagship

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Sipps switch could take months, claims EPM

Investors planning to take advantage of next month's relaxation of pension rules could face disappointment and delay, according to European Pensions Management.

Morgan Stanley launches Diversified Alpha Plus product

Luxembourg-domiciled Ucits III portfolio targets Eonia plus 4 per cent with frequent rebalancing

US equities in good shape, claim JPMAM and Hendersons

JPMorgan predictseurozone economy will face recession, but shows US to be in better shape given net worth export growth and manufacturing boost

GAM appoints Hawtin as hedge fund investment director

GAM has appointed Mark Hawtin as an investment director for its London-based hedge fund business.

New Star Private Equity trust sees NAV increase

The New Star Private Equity trust has seen its NAV increase by 2 per cent in the six months to 30 June, according to its latest results.

Hasley rebrands two funds and plans third

Way fund managers also replaces Smith & Williamson as authorised corporate director for funds

Norwich Union puts faith in large-cap blue chip stocks

Large-cap blue-chip stocks are currently the key to consistent top-quartile performance, according to Dan Roberts, manager of the £596m Norwich UK Equity Income Fund.

Houston replaces Blight as ING Real Estate global chief executive

Robert Houston, head of ING Real Estate's UK investment management business, has been appointed chairman and chief executive of the division's global business.

LaRusse joins Insight as senior product specialist

April LaRusse has joined Insight Investment as senior product specialist to promote the fund manager's six UK fixed interest funds.

Matterley fund puts its faith in UK stocks

Dixon looks to profit from sterling weakness, inflation and capital returns focus

Barings appoints Bowmar as head of product development

Katie Bowmar will chair product development committee and will report to head of sales George Harvey

PSigma launches Balanced Managed FoFs

Manager says he is attracted by short-term defensive characteristics and longer-term growth potential of healthcare sector

SLI small-cap trust outperforms benchmark

Annual report says trust benefited from focus on defensive strategy growth companies

City of London NAV suffers underperformance

The City of London Investment Trust has seen its NAV plummet over the year as it suffered from the underperformance of high-yield stocks.

Polar paints gloomy picture for tech sector

The technology sector will continue to languish in the doldrums until the credit crisis has run its course, according to the Polar Capital Technology investment trust.

IFA Reaction: Is the downturn biting?

With the economic downturn beginning to bite, many consumers have less money to invest and fewer means to seek financial advice. Yet with some advice companies saying they are doing better than ever, need industry stalwarts fear for their jobs? Imran Khan asked eight leading IFAs how they were faring.

IA p17 080908 Societe Generale

The shock resignation of Japanese prime minister Yasuo Fukuda will have little impact on the Japanese economy, according to Société Générale Asset Management.

Avarae Global Coins announces 13% rise

Numismatic markets buoyant as China, India annd Russia repatriate their heritage

FRM Credit Alpha FoHFs seeks listing on main LSE

The FRM Credit Alpha fund of hedge funds is seeking to float on the main market of the London Stock Exchange.

Sterling Strategic Bond sector gets thumbs up from industry

IMA made sweeping changes to fund sectors in bid to simplify fixed income investments

Boost for UK economy as FTSE100 outstrips other G8 indices

Britain's economic standing on the world stage received a welcome boost as the FTSE100 posted the second best returns of any major G8 country share index last year.

Corporate activity in ITs looking good, claims AIC

Corporate activity in the investment trust sector appears to be continuing well into the autumn, with particularly high levels of hedge fund share placing, according to the AIC.

Skandia manager talks up volatility arbitrage

Volatility arbitrage is increasing in importance as an investment strategy for retail investors, according to a leading manager.

Henderson looks both ways

Henderson Global Investors has positioned its multi-manager portfolios to expect the worst or best outcomes of the current economic downturn.

JPM trust minimises Russian oil exposure

Oleg Biryulyov spurns heavily taxed sector in favour of booming consumer stocks

Premier renames funds

Premier Asset Management has changed the names and strategies of its two multi-asset funds, the £43m Premier Selector Growth fund and the £80m Selector Balanced fund.

FIM seeks £20m for onshore windfarm fund

Targeted renewable energy fund looking for major investors by October for wind turbines scheme

Pacific Horizon NAV drops

The Pacific Horizon investment trust saw its NAV tumble nearly 20 per cent over the year, faring significantly worse against its benchmark, the fund revealed last week.

F&C tops up holdings in BlackRock's £421m UK fund

F&C Investments' multi-manager funds have been topping up their holdings in BlackRock's £421m UK fund as it looks to continue growth amid market uncertainty.

Lincoln joins up with Spring

Lincoln Financial Group has announced a new relationship with Spring Capital to market its funds.

SGAM appoints Hamdy to develop Mena offering

SGAM UK has appointed a new analyst to develop its rapidly expanding Mena offering.

Woolnough predicts inflation drop

Star bond manager maintains fall in inflation will make investment-grade debt more attractive

Hotbed research criticises Sipp providers

As many as one in five Sipp providers are blocking investors from holding private equity investments in their portfolios, according to research by Hotbed.

Ward slams growth claim

The UK economy is currently stagnant but not contracting, according to Simon Ward, chief economist at New Star Asset Management.

Mirae hires Berman as senior distribution manager

Mirae Asset Global Investments has hired Elliot Berman as a senior manager in the distribution team.

Company calls for a move into movies

Specialist IFA firm The Route is ramping up investment in the movies in a bid to lure investors away from the equity markets.

Morningstar backs Fidelity's Shah for contrarian approach

Head of research at Morningstar praises manager who took over from Anthony Bolton at the beginning of the year

OBSR buys out Crosby Forsyth

Old Broad Street Research has acquired the international fund and ratings business of Crosby Forsyth.

AIC predicts authumn boost for infrastructure managers

A wave of fund raising taking place in autumn will provide natural resource and infrastructure managers with enhanced levels of investment capital, according to the AIC.

Fundamental ready to roll out its energy services Oeic

Christopher Boxall to exploit energy support needs as India and China expand energy capacity hugely

Willem Vinke leaves JOHCM

Robbie Wouters takes over underperforming European and Continental Select Values funds as chief quits for personal reasons

Maia Capital eyes US opportunities

Maia Capital has said it is exploring value opportunities in the US and emerging markets after the sharp dips in both areas earlier this year.

Bonds and cash will remain most popular: Virgin

Bonds and cash will remain the most popular asset classes over the next three months as advisers anticipate further volatility in the equity markets, according to Virgin Money's quarterly survey of investor intentions.

Insight absolute return fund now on Cofunds

Insight Investment announced that its Absolute Insight UK Equity Market Neutral fund is now available on Cofunds.

Barclays Wealth reissues optimiser for fourth time

Barclays Wealth has reissued its Emerging Markets Optimiser for the fourth time to meet growing demand for protected investments in volatile, high-growth investment areas.

ITimetotrade launches online CGT calculator

Portfolio management platform Timetotrade has developed a capital gains tax calculator to help investors determine their capital gains and claim their losses.

Survey: One in six IFAs would quit over RDR

One in six IFAs would quit if the FSA approves all the proposals in the RDR, according to a survey by Standard Life.

Polhill launches consultancy arm

PR agency Polhill Communications has opened a management consultancy division for the financial services sector.

Most FoHFs finished down, says S&P

Most fund of hedge funds have broken the promise of absolute returns by delivering losses this year, according to the latest analysis of the sector by Standard & Poor's Fund Services.

Occam rolls out funds for Europe and Asia

Occam Asset Management has launched two European and Asian Ucits III funds, with the managers to take a combined bottom-up, top-down approach with a focus on strong stock selection.

Keydata launches latest version of Dynamic Growth Plan Plus

Keydata Investment Services has launched the latest version of its Dynamic Growth Plan Plus.

Hendersons aims for the top with new team

MD says new team will push company further up go-to list for retail

BoE leaves interest rates unchanged

The Bank of England decided last week to keep interest rates at 5 per cent for the fifth consecutive month, despite growing concerns the economy is set to enter a recession in the second half of the year.

Apcims ups hedge fund weightings

The Association of Private Client Investment Managers and Stockbrokers has increased the weighting of hedge funds in its asset allocation indices.

F&C and RAM seal property merger

F&C Investments has completed the merger of its UK and Ireland property operations with Reit Asset Management.

Mobius remains upbeat over Thailand

Mark Mobius, manager of the Templeton Emerging Markets investment trust, has dismissed the significance of recent protests in Thailand, saying the country still makes long-term investment sense.

Threadneedle appoints Devine as chief operating officer

Threadneedle has appointed John Devine as its chief operating officer.

Fidelity FundsNetwork launches tax wrapper analyser

Fidelity FundsNetwork has launched a tax wrapper analyser to help financial advisers to determine which tax wrappers best suit their clients’ investment needs.

Family Investments forges deal with Post Office for Isas

Family Investments has announced an exclusive partnership with Post Office Financial Services to provide customers with both cash and stocks-and-shares Isas, which will now be available through the company’s 13,000-strong branch network and the Post Office website.

Resolution fired up for rebranding

The new asset management business composed of Resolution Asset Management and Axial Investment Management has been unveiled as Ignis Asset Management.

Tabberer to join Baillie Gifford

Ian Tabberer, investment director of US equities at Scottish Widows Investment Partnership, is set to join Baillie Gifford once he leaves Swip at the end of September.

OBSR adds four new funds

Old Broad Street Research has adjusted the ratings for a number of funds and added four new funds to its ratings service.

Investors flock to ETCs, says ETFS

A rush of investment into exchange-traded commodities (ETCs) over the last three weeks of August has reflected a more bullish stance on the asset class, according to ETF Securities.

OBSR adjusts fund ratings

Old Broad Street Research (OBSR) has adjusted the ratings for a number of funds and added four new funds to its ratings service.

Keydata launches updated Dynamic Growth Plan Plus

Keydata Investment Services has launched the latest version of its Dynamic Growth Plan Plus.

FOHFs fail to meet promised absolute returns: S&P

Most fund of hedge funds have broken the promise of absolute returns by delivering losses this year, according to the latest analysis of the sector by Standard & Poor's Fund Services.


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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.

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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

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