John Wood has been appoin-ted to launch the J O Hambro Capital Management onshore UK opportunities fund this autumn.Wood has managed the Newton UK opportunities fund since its launch in 2002 helping it generate 48.98 per cent cumulative growth over three years. He joined Newton as an analyst in 1995 after qualifying as a chartered accountant with Ernst & Young. The UK opportunities fund will be the company’s third UK fund, joining its UK growth fund and UK equity income fund. Nick Roe-Ely is joining JOHCM from Tilney in September to manage a new onshore American growth fund, launching in October. Chief executive Nichola Pease says: “John Wood’s investment style and track record fits well with our strict criteria of building a team of first-class managers who produce strong and consistent performance for investors.” Wood says: “I am very exci-ted at the prospect of working with such a highly experienced and successful group of managers. The company’s entrepreneurial culture means that I will be able to focus 100 per cent on managing money.”
The future for the equity-release market is looking bright as illustrated by the rising number of equity release plans sold this quarter, as well as the future launch of products, such as Prudential’s property value release plan. Research from Key Retirement Solutions shows the number of equity-release schemes has broken the 100,000 mark for the […]
Scottish Widows Investment Partnership has brought the Swip property trust within the reach of retail investors by reducing the minimum investment to 5,000 from 100,000.
Ice cream and fish fingers may not seem the most glamorous introduction into the world of finance but Sanjeev Shah’s graduate trainee job at Birds Eye Walls, with Unilever as a commercial analyst clearly set him on the right career path.
Scottish Widows Investment Partnership
Swip Property Trust
By Kunal Desai, head of Indian Equities, Neptune India is officially the world’s fastest-growing major economy and remains firmly on track to become the third-largest economy by 2030, overtaking Japan and Germany. As an accelerating labour force combines with increasing labour productivity, is India getting too big to ignore? Click here for full article […]
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Pimco has followed in the footsteps of its US rivals Vanguard and JP Morgan Asset Management to announce it will absorb research costs under Mifid II. The California-headquartered bond manager would not comment on the hit to revenues, Financial News reports. JPMAM confirmed last week it would absorb the costs when the European regulation comes into place at the […]
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