Global and Asia equity house Veritas Asset Management sells stake to US company; senior staff agree ‘long-term commitments’.
Hermes Investment Management to create multi-asset and Greater China investment teams.
Henderson manager’s performance aided by long positions in firms such as Phoenix and L&G.
Patience is a virtue, say the advocates of long-term investing.
Cautious tone struck by asset manager in latest results as it notes a trend towards “lower risk products”.
Fund manager Giles Money leaves group as head of global and international equities Alex Tedder shifts team’s responsibilities.
Analysis & Opinion
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Week in Brief: Sesame will not follow Ashley Law, GARs in TCF spotlight and Mas’ complex relationship with advisers.
Clients are upping risk after a long period of gains in markets meaning advice has a chance to prove its worth.
Investments| Oct 29, 2014
Regulator moves to make its temporary restrictions on contingent convertible bonds permanent and widens scope of rules.
UK| Oct 28, 2014
Manager introduces leverage into his Special Situations fund to take advantage of sell-off.
Oct 28, 2014
September was a tough month for retail sales across the industry, with the UK All Companies sector being hit the hardest.
Asia Pacific| Oct 28, 2014
Growth rates of 6.5 to 7 per cent expected to be ‘new normal’ for world’s second-largest economy.
Economic Indicators| Oct 27, 2014
Strategists predict European banks to benefit now the cloud of uncertainty from the European Central Bank’s (ECB) review has been lifted.