This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.
X
MM+201114+Cover+Small
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

AXA Wealth

The Budget: What do people really know?


Fund Data

Editor's Pick



Poll

Do you think the idea of a single investment management charge could work in practice?

Job of the week

Latest jobs

View all jobs

Most recent comments

View more comments