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FUND LAUNCHES: Fund launches review – May 2016

We profile some of the most interesting fund launches in recent weeks and examine the performance of a product already on the market. MULTI-ASSETJanus Capital...

ASSOCIATION COLUMN: Swiss asset management – review and outlook

2015 proved an eventful year for global markets, in which investors’ nerves were tested to the limit throughout. Pronounced currency fluctuations, several bond market flash...

BMO GAM co-CEO resigns

Barry McInerney, co-chief executive officer of BMO Global Asset Management, has left the firm to become CEO of BMO’s key regional competitor, Mackenzie Investments. McInerney...

Julius Baer co-CIO leaves for rival

Burkhard Varnholt, the co-chief investment officer of Julius Baer, is to leave the firm and join its main rival Credit Suisse. His departure comes five...

State Street moves to bolster global ETF business

State Street Global Advisors (SSGA) has promoted its European distribution head as part of a series of changes in its exchange-traded fund (ETF) business. Rory...

Axa Framlington veteran to retire

Richard Peirson, co-lead manager of Axa Framlington’s £955 million (€1.2 billion) Managed Balanced fund, will retire in March next year after 23 years with...

Invesco Perpetual scoops SLI fund manager

Invesco Perpetual has scooped Sebastian Mackay from Standard Life Investments, as a fund manager in David Millar’s ten-strong multi-asset team. Mackay joined SLI in 2011,...

Brexit uncertainty negatively impacting UK platforms

The prospect of a British exit from the European Union prompted an exodus of UK retail investors from platforms in the first quarter of...

Average European wealth sees 5% decline

The average European citizen is worth about US$86,000 (€75,400) and has seen his/her wealth decline by 5% over the past ten years. Over the same...

Finance firms seek higher profile West London buildings

Nearly half of firms who are established occupiers of central London property moved some, or all, of their operations to another London submarket during...

Candriam launches equity market neutral fund

Candriam Investors Group has launched a long-short equity fund that employs a market neutral strategy. The manager, which has €94 billion of assets under management...

Barings increases Asian exposure for “first time in years”

Baring Asset Management's multi-asset arm has upgraded emerging Asia from neutral to “preferred” due to stabilising fundamentals, a weaker US dollar and China’s stimulus. The...

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