Union Investment appoints Andreas Köster head of portfolio management
Andreas Köster will become the new head of portfolio management of Union Investment, succeeding Frank Engels, who is leaving Union Investment on 30 September.
Avoiding the growth trap: Confronting the sanguine inflation consensus
There are few investors currently prepared to take a contrary view on inflation. Most are expecting it to rise but view it as transitory – a shorter-term consequence of Covid-19 already broadly priced into markets.
Federated Hermes closes emerging markets fund to new investors
The £5.7bn Federated Hermes Global Emerging Markets Equity fund is closing to new investors from next month, the asset manager has confirmed.
Is bitcoin child’s play? Why it’s time to start educating youngsters on the risks of investing
Last week, bitcoin hit the headlines for its dramatic 30% one-day price fall, which also marked a 50% tumble over the past month.
No chance of Woodford investigation findings coming out soon, FCA admits
The Financial Conduct Authority has said it does not know when the investigation into the collapse of the Woodford Equity Income fund will end, causing exasperation from the Treasury Select Committee.
Woodford saga: Industry believes there is light at the end of the tunnel for investors trapped in fund
The Financial Conduct Authority’s ongoing investigation into the collapse of the Woodford Equity Income fund has been slow but investors stuck in a limbo might be closer to getting answers, according to industry experts.
ASI and DEAS Group close Nordic real estate transaction
Aberdeen Standard Investments (ASI) has reported that its real estate transaction with Denmark-based DEAS Group announced in November last year has closed.
Asset Intelligence calls for IA multi-asset sector rethink amid ’embarrassing’ performance data
More than £22bn of assets under management are being held in multi-asset funds that have languished in the third and fourth quartile over three, five and ten years, according to research from Asset Intelligence.
Nick Clay: RWC Partners ‘appropriate’ home for global income strategy
RWC Partners is the “appropriate” home for Nick Clay’s global income strategy, according to the manager, who said the November relaunch frees the fund from the pressures of a larger business and ensures its success over the next decade.
EdenTree’s Clark: Investors are looking for authenticity
CEO of EdenTree Investment Management Andy Clark speaks to Mike Sheen about growing the brand, the future of the boutique and the importance of “authenticity”.