The investment world is more focused on performance than ever due to rising standards in competition, according to round table panellists.Credit Suisse co-head of multi-manager Gary Potter said: “Performance is a key area of focus but there is almost too much focus on it. People are now looking at how we are doing on almost a weekly basis.” Despite this, Potter said multi-managers are better placed to outperform the market than intermediaries because of their depth of resources and ability to analyse the markets. He said: “There is a far deeper analysis of funds available now than there was five years ago and our month-by-month analysis has far more depth.” Jupiter director John Chatfeild-Roberts said: “Everybody is now focused on performance and standards have risen.” Gartmore fund manager (multi-manager) Marcus Brookes said that part of the reason for the focus on performance is because the rise in the profile of multi-managers has led to competition for assets being more fierce than ever before.
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Resolution Asset Management has appointed Gary McAleese as investment manager on its UK equities desk.McAleese has nine years investment experience and was previously at Aberdeen Asset Management where he was co-manager of the £475m Murray income trust since early 2005. He also ran the group’s Edinburgh managed fund between 2003 and 2005.Prior to that he […]
Mortgage brokers can bid for leads under a scheme developed by Paaleads.com.
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