Morningstar Investment Management has appointed Simon Ewan as managing director for operations in the UK, Europe, Middle East and Africa. His duties will include client management, marketing and business development for Morningstar’s investment management and consulting operations. Ewan will report to Morningstar Investment Management global chief investment
Read more →Towers Watson and Pensions & Investments have published their latest annual global 500 ranking of the world’s largest asset managers. Highlights from this year’s report include: Assets managed by the world’s largest 500 fund managers rose by over 8% to US$68 trillion in 2012, making up any lost
Read more →St James’s Place (SJP) once again exceeded expectations with another round of bumper results in Q3, and many are tipping further growth as the firm exploits a growing ‘advice gap’. The restricted advisory firm continued its upward ascent in the third quarter with £1 billion net inflows, bringing
Read more →The latest Pridham report shows Artemis and Henderson have been among the biggest beneficiaries of the renewed interest in equity funds. The report comes on the back of recent Investment Management Association figures, which showed equity funds produced net sales of £8 billion in the first nine
Read more →Another interesting discussion from the Perpetual Limited, Management’s Discussion and Analysis of Financial Condition and Results of Operations (MD&A) for the six months ended 31 December 2012 included the summary of Australian Funds Management Flows from 2000 to 2012 ‘Based on September 2012 Plan for Life data, the Australian funds
Read more →Financial Services Authority data based on figures supplied by product providers reveal an increase in advised sales of retail investment products that pay recurring trail commission ahead of the Retail Distribution Review, according to a statistical release issued today (31 August). While FSA data show an increase
Read more →M&G ‘s warning on bond fund liquidity set off a bush fire in social media on the 30th and 31st July. Not surprisingly, main stream news articles enjoyed high engagement from readers comments, and social media (in particular) twitter sent the news wide and far. “Investors are
Read more →News of Bestinvest’s list of ‘dog funds’ carried by mainstream media on the 23rd July sparked a widespread response and sharing through social media. The Bestinvest’s list highlights funds that have underperformed their benchmark by 10% or more cumulatively over the last three years. Major fund groups Scottish
Read more →UK net retail sales have jumped to £8.1bn in the first half of 2012 with fixed income continuing to dominate, according to figures from the Investment Management Association. The figures is almost double the £4.4bn of net retail sales seen in the second half of 2011. The
Read more →Credit Suisse asset management (CSAM) saw pre-tax income fall 37% to CHF133m in Q2, compared to the same period last year, despite realising gains from the partial sale of its stake in Aberdeen Asset Management. The department also saw CHF400m of inflows into alternative investments in emerging
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