US, China and a trade deal: could there be a case of disappointment? Joy and rapture abounded in the first quarter as three specific concerns were smote: the US Federal Reserve put the brakes on interest rate hikes, Chinese growth appeared to rebound and US president Donald Trump sent promising tweets about a China trade […]
Discretionary fund manager Quilter Cheviot has hired a further four investment managers across its regional offices. The DFM has looked to rivals in its market for the hires, as Richard Wayne-Wynne joins from Brooks Macdonald in London, and Daniel Schieber joins from Charles Stanley in Salisbury. Quilter Cheviot has also hired WH Ireland’s former head […]
Brown Shipley has poached former Morningstar manager Cyrique Bourbon for its London office. Bourbon was lead manager of Morningstar’s UK discretionary multi-asset portfolios, having joined the firm from Merrill Lynch Wealth Management. Brown Shipley, which offers both wealth planning, investment management and lending services, will take Bourbon on as an asset allocation strategist. According to […]
EdenTree’s chief investment officer Rob Hepworth on regulation woes, not following a benchmark approach and competition in the fund management space EdenTree Higher Income fund manager and chief investment officer Rob Hepworth says fund management is all about taking a long-term view on investing, something he has perfected during his two-and-a-half decades of managing funds. […]
River and Mercantile has estimated performance fees will come in at nearly £7m for the last nine months as it moves from a more cautious position into a more aggressive strategy for investors. The asset manager suffered a setback when it was fined for competition law breaches by the FCA in February, but results this […]
Charles Stanley has reported a 6.5 per cent increase in discretionary funds for the year, but has seen a marginal fall in the amount of execution-only funds it manages. Results released the morning covering the twelve months to the end of march show discretionary funds increased from £12.3bn to £13.1bn, while execution-only funds dipped from […]
This article originally appeared as a research project for Money Marketing’s new DFM Centre. For more exclusive content on outsourced investment trends, visit https://dfm.moneymarketing.co.uk MM’s survey gets to the bottom of how advisers use their DFMs and how satisfaction levels have changed in the past 12 months Adviser satisfaction with discretionary fund management partners has […]
Premier Asset Management has reported a slight increase in assets under management in the face of a host of tough market conditions. In a first quarter trading update this morning, Premier notes that there has been “continued political and economic uncertainty caused by the ongoing Brexit negotiations, low investor confidence, volatile markets and record low […]
Money Marketing is delighted to announce the launch of The DFM Centre, a new platform for financial advice firms seeking research and analysis on outsourcing trends and investment solutions. Throughout the year Money Marketing and Platforum will provide exclusive research and analysis, alongside insights from other leading experts to help advice firms benchmark their investment […]
Aberdeen Standard Investments has teamed up with Skipton Building Society to provide portfolio solutions for customers of its £4bn investment offering. The partnership will build on ASI’s existing £13.9bn MyFolio fund range, its multi-asset solutions for advisers, by adding five new index funds. Bambos Hambi and James Millard run the 19-strong multi-manager strategies team which […]
Global economic data appears inconsistent Equity markets beckoned the new year in a robustly positive frame of mind, determined to put the blues of a dismal ending to 2018 behind them, and that infectious spirit of optimism has persisted. The extent to which major global equity indices have recovered a substantial portion of their losses […]
While the past 12 months have been difficult for investors, many calls have paid off The Mixed Investment sectors have been hugely popular in recent years. The rise in popularity of multi-asset funds has been phenomenal. As investors seek simpler choices and more transparency with their funds, multi-asset has become an easy route into investing, […]