This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.
X
MM-Cover-Small-210814.jpg
Categories:Investments

Threadneedle looking to US to boost fixed income

  • Print
  • Comment

Threadneedle is considering adding a US fund to its fixed-inc-ome range and plans to expand its multi-asset range for new head of multi-asset Toby Nangle.

It is sending an analyst to the US to work in sister company Columbia Asset Management’s fixed-income team. Threadneedle chief investment officer Mark Burgess says: “The analyst will help feed US fixed-income ideas into our global fixed-income products. I also expect our fixed-income range will have more US coverage by possibly launching a US fixed-income fund.”

In July, Threadneedle app-ointed former Barings director of multi-asset and fixed income Nangle as head of multi-asset. Burgess says he is waiting for Nangle’s input on the gaps in the range when he joins in January. He says: “It is likely we will launch new multi-asset funds for Nangle to get his teeth into.”

Premier Wealth Management managing director Adrian Shandley says: “There is demand for US fixed income but there is potential for large currency fluctuations with the dollar.”

  • Print
  • Comment

Daily Email Updates
If you enjoyed this article, sign up to receive the latest news and analysis from Money Marketing.

The Money Marketing CPD Centre
Build your annual CPD - you can log and plan your CPD hours for free with The Money Marketing CPD Centre.

Taxbriefs Advantage
Advantage is a digital reference source giving unbiased, independent, answers to your technical queries. Subscribe to Taxbriefs Advantage.

Have your sayEdit my profile/screen name

You must sign in to make a comment

Fund Data

Editor's Pick



Poll

Do you think interest rates will rise before the end of the year?

Job of the week

Latest jobs

View all jobs

Most recent comments

View more comments