David Stevenson

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A “perfect storm” for European DB schemes

There is little relief for European corporates with under-funded defined benefit (DB) schemes as quantitative easing, subdued inflation, and low economic growth depress long-term...

M&G latest to lift suspension on property fund

M&G Investments is to resume dealing in its Property Portfolio on November 4 and said it had sold or received offers for 58 properties...

Hedge fund managers don’t fear robots – yet

Hedge fund managers are aware that technology is going to change their industry and nearly 60% of them think artificial intelligence and machine learning...

Rowan Dartington appoints managing director for Signature

UK-based wealth manager Rowan Dartington has appointed John Cowmeadow as managing director for Rowan Dartington Signature, its discretionary management subsidiary aimed at independent financial...

HSBC teams up with Clearstream to access Chinese bonds

HSBC has partnered with specialised sub-custodian Clearstream to enable customers to access China’s Interbank Bond Market (CIBM). HSBC will act as onshore bond settlement agent...

Norway’s SWF set to increase allocation to equities

A Norwegian government commission has today recommended that the country’s sovereign wealth fund increase its equity allocation from 60% to 70%. The majority of the...

Hedge funds have best quarterly performance for three years

Hedge funds enjoyed seven consecutive months of gains and delivered returns of 4.06% in the third quarter (3Q) of this year – their best...

MIFID II research costs “set to cut asset managers’ profits”

Broker research costs for asset managers under the MiFID II regime could potentially reduce operating profits by almost 30%, research shows. Under MiFID II –...

Candriam creates chief strategy officer role

Brussels-based Candriam Investors Group has appointed Elias Farhat as chief strategy officer, a newly created position. The firm, part of New York Life Investment Management,...

PERFORMANCE: Crash landing

A row broke out this year when a pioneer in the sector warned that as smart beta funds grow in size, certain products could...

POPULARITY: Popularity contest

The problem with backing a smart beta factor – such as a low volatility fund, for example – is that the factor could become...

ROUNDTABLE: Beyond the hype

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means,...

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