Axa Framlington has appointed Montanaro Asset Management head of fund management Dan Harlow as a portfolio manager in its UK equities team.
Aberdeen Asset Management head of Asian equities Peter Hames is to leave the firm after 20 years.
Syndaxi Chartered Financial Planners managing director Rob Reid wants the Investment Management Association and the Association of British Insurers to work with International Organization fro Standardization to improve fund classifications.
PSigma has appointed Tom Becket as chief investment officer and Tim Gregory as head of global equities.
T Bailey’s proposal to change the benchmark of its growth fund from a composite benchmark to the IMA global growth sector average has been approved by 94 per cent of unitholders. The change follows feedback from advisers who felt it would be easier to monitor the fund’s performance against its peers using the sector average. […]
Jacob de Tusch-Lec and James Foster, managers of the Artemis Monthly Distribution Fund, discuss recent developments and how the fund is positioned. Click here to see full discussion
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OMGI chief executive and star fund manager Richard Buxton is set to lead a management buyout of the single-strategy funds division of Old Mutual Wealth with the backing of TA Associates. The £550m deal is set to be announced before Christmas, Sky News reports. The buyout is part of Old Mutual’s managed separation, which is […]
Recently regulatory changes have led to a much greater focus being placed on everything the end client pays. For asset managers, there has been a greater focus on a fund’s AMC and ongoing charges figure. This has helped passive funds gain significant inflows over the last couple of years and generally they are much cheaper […]
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