New Star Asset Management has promoted UK growth fund manager Stephen Whittaker to the role of joint chief investment officer, serving alongside Alan Miller. Whittaker will continue to manage the UK growth fund, which he took over from Miller in July 2002.
A woman was strolling along a street in Paris when she saw Picasso sketching at a sidewalk cafe. She asked Picasso if he might sketch her and charge accordingly. Picasso obliged.
By whatever name they are known, exchange traded funds can be the jewel in the crown of any portfolio by offering a low-cost element of index tracking, freeing up the active managers to concentrate on outperformance, says Seven Investment Management marketing director Justin Urquhart Stewart
University graduates risk cutting their pension funds in half by delaying contributions until they are 30, warns HSBC. Almost half of young people believe they are too young to prioritise their pension, with 48 per cent of 16-24-year-olds ignoring the need for a pension. Research by NOP in February for HSBC questioned 981 adults aged […]
We are at an important point in the development of Asian economies. In the near term, they face challenges which, on the basis of historic patterns, could be expected to lead to weakness in the region’s stockmarkets. Higher oil and commodity prices will impact on Asian companies, which still depend heavily on imports of such materials.
Paul Fidell, Head of Business Development (Investments), writes about one of the primary challenges for those involved in estate planning. He looks at dealing with investment uncertainty in these low growth, low inflation but still volatile investment conditions. Protection of capital, to leave something for beneficiaries, is a fundamental objective of many people’s plans for […]
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The curious goings-on in the world of financial services
Experts have played down any immediate moves from the FCA towards those firms that are not prepared for Mifid II regulation that comes into force on 3 January 2018. However, concerns remain that a “material number” of small asset managers have not yet started preparing for the major European regulation. The FCA expects firms to […]
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 […]