People Moves
-
Paul Mumford steps to senior fund adviser role at Stonehage Fleming
Nick Burchett to take full management of two funds
-
GAM Investments hires Janus Henderson management trio
O’Hara and Barker previously portfolio managers for Henderson European trust
-
Henderson European trust portfolio managers resign
Henderson European trust result of merger between Henderson Eurotrust and Henderson European Focus trust last year
-
Tyndall Investment Management recruits investment director
Lucie Meagher joins after 18 years with Ruffer
-
Kelly Prior joins Marlborough as investment director
While Nick Peters has been appointed as a portfolio manager within Marlborough’s multi-asset team
-
Robert Wilson departs AXA IM for EdenTree
Wilson leaves AXA IM after 25 years with the company
Product
-
Aviva Investors launches Venture & Growth Capital LTAF
Aviva LTAF to operate with a UK bias
-
FCA to widen wealth manager and retail access to bonds
Proposals aim to reduce costs and barriers for companies raising capital, while improving opportunities for retail investors
-
Invesco rolls out US equity climate transition ETF
Tracking the S&P 500 with exclusions
-
FE fundinfo adds seven five-crown ratings in January
MAN Group with highest percentage of five-crown funds
-
BlackRock launches two US equity ETFs to European Investors
BlackRock ETFs offer exposure to Nasdaq 100
-
Franklin Templeton to retire Martin Currie brand after 144 years
UK investment and sustainability teams will move to ClearBridge, another Franklin Templeton brand
Regulation
-
FCA to widen wealth manager and retail access to bonds
Proposals aim to reduce costs and barriers for companies raising capital, while improving opportunities for retail investors
-
Aegon to apply Sustainability Focus SDR label to two funds
Three of Aegon’s ethical funds will remain unlabelled with sustainable characteristics
-
UK retail equity ownership the lowest in the G7 as abrdn urges action
abrdn has called on the government to address the UK’s risk culture and boost retail participation in financial markets
-
FCA launches CCI retail disclosure consultation
AIC CEO Richard Stone says the new framework for CCIs, including investment trusts, ‘misses the mark’
-
FCA consults on ‘PISCES’ private stockmarket
Chancellor proposed the idea at her Mansion House speech last month
-
Pisces receives investment community support, but raises liquidity questions
Industry commentators weigh in on how the market will fit with current investing environment
Companies
-
ACT Corporate Culture Standard signatories grow by over 50%
A further 10 firms joined City Hive’s ACT List in 2024, taking the total signatories to 27
-
Evelyn Partners sells fund solutions business to Thesis
As part of wider strategic shift to refocus Evelyn Partners on its wealth management business
-
Natixis IM and Generali Investments merge to create £1.6trn asset manager
The deal, which is expected to close early next year, creates Europe’s second largest asset manager by AUM and largest by revenue
-
Brooks Macdonald seeks LSE main market listing
Brooks first listed on the AIM in 2005, with the move to the main market expected to complete by the end of March
-
IIMI urges launching boutiques to consider corporate structure
Susannah de Jager and Dani Hristova discuss the importance of choosing the right corporate structure when launching a boutique
-
Reports: Amundi considers buying AllianzGI
Rumours regarding a tie-up have been in circulation for more than a month
Macro
-
Global markets fall as Trump tariffs spark trade war concerns
Equity markets have fallen in the wake of US tariffs on China, Canada and Mexico
-
ECB cuts interest rates to 2.75% as central banks diverge
Follows the Federal Reserve’s decision to hold the Fed Funds rate at 4.25-4.5%
-
US bond market to ‘stay under pressure’ as US Federal Reserve holds rates
The decision to hold interest rates at 4.25-4.5% comes one week after US President Trump demanded a rate cut
-
Chancellor labels net zero the ‘industrial opportunity of the 21st century’
In a major speech to business leaders, Reeves reiterated the government’s backing for net zero schemes
-
Bank of Japan raises interest rates to 0.5%
Core inflation rose 3% in December, compared to the previous year
-
Core US inflation undershoots expectations in ‘relief’ to policymakers
Headline inflation rose to 2.9% in December
Videos
-
Interview with Mark Burridge, managing partner and fund manager at Baker Steel Capital Managers
Will miners be able to meet the historic demand forecasts critical for the green energy transition?
-
Q&A with Randeep Somel, deputy fund manager at M&G Investments
How do the M&G Sustain team align their portfolios to the Paris Agreement?
-
Portfolio insights: Video interview with Dale Nicholls
Fidelity International manager Dale Nicholls highlights earnings as a major focus for Chinese equity investors in 2024
-
Portfolio insights: Video interview with Marcel Stotzel
Fidelity International manager on what he will be looking out for as we head into 2024
-
Video: Marco Lenfers, Vontobel Asset Management on decarbonisation
Metrics in impact investing provide the yardsticks for change.
-
Video: J. Safra Sarasin’s senior portfolio manager Jayadev Mishra on fixed income
The value of diversification and the case for global high yield