JP Morgan AM’s Karen Ward: Investors should not ‘trade’ the US election
Investors should not be ‘trading’ based on the potential outcomes of the upcoming US election, JP Morgan Asset Management’s EMEA chief market strategist Karen Ward has warned.
Investors should not be ‘trading’ based on the potential outcomes of the upcoming US election, JP Morgan Asset Management’s EMEA chief market strategist Karen Ward has warned.
EdenTree Investment Management has appointed Hayley Grafton as a senior responsible investment analyst to lead the firm’s corporate governance and proxy voting work.
Chancellor Jeremy Hunt did not provide an answer on when investment trust cost disclosure reform legislation will be brought to parliament, saying discussions are “ongoing”, and the issue is “market sensitive”.
GCP Asset Backed Income (GABI) fund has completed its strategic review of the trust and concluded that “shareholder value will be best served by a proposed orderly realisation and return of capital”.
UBS has named Victoria Hagmann as its head of wealth management UK, Jersey and Guernsey, effective from 1 December 2023.
The board of the abrdn Property Income (API) trust has come out in support of the merger with Custodian Property Income REIT (CREI) over the offer made by Urban Logistics REIT.
The Financial Conduct Authority (FCA) CEO Nikhil Rathi has said the regulator is an “outcomes-focused” organisation and its push for consumer fair value under Consumer Duty is not a “Trojan horse” for price regulation.
Niall O’Sullivan has returned to Mercer from Neuberger Berman, joining to take on the role of global solutions chief investment officer.
Royal London Asset Management has launched an Irish-domiciled US Equity fund, part of the range managed by the firm’s global equity team.
Erik Swords has been appointed portfolio manager for the Allianz Technology trust (ATT), working alongside current lead manager Mike Seidenberg, effective from 1 March.