Walter Price, manager of the RCM Technology Trust, comments on the recent results from Apple and Facebook and assesses the risk of a bubble.
German-speaking funds of funds (FoF) managers have defended their activities against criticism they have failed to keep pace with the times, and with multi-asset allocation products, which were the most popular fund sector in Europe last year.
Continental allocators facing difficult prognoses for their local markets are encouraging clients to ‘try something new’, but managers say Europe still has a role in portfolios.
Would you like some Dim Sum? Europe’s fund managers reveal their secret recipes for playing China’s offshore local currency bond market.
Beijing will not fully liberalise its currency for at least seven years, though gradual internationalisation of the tender until then should still provide long-term annual currency appreciation versus the US dollar of about 5%, according to Allianz Global Investors.
Thomas Wendt Correction In the IE11 issue of the magazine, we reported that ING Investment Management Germany had hired Thomas Wendt for its institutional sales team in Frankfurt. We stated that Wendt had replaced Michael Schrinner, which is not the case. Schrinner and Wendt are colleagues on the institutional sales team. IE would like to […]
In easier markets, some managers got used to bending mandates and providing less than complete explanations to investors. Manuela Thies at Allianz Global Investors talks about restoring high reporting standards
Simon Hayward Santander Private Banking expands in Jersey Santander Private Banking is strengthening its private banking business in Jersey with two senior appointments. Simon Hayward, joins the bank as head of treasury and Doug MacKenzie as head of private banking operations. Hayward will lead the treasury function and in particular will ensure the efficient operation […]
As Berlin votes today on boosting the eurozone’s rescue fund, the European chief investment officer of RCM has cast doubt about the ability of politicians to ‘supersize’ the European Financial Stability Facility from its current €440bn.
Schroders and BlackRock have each announced appointments from Germany’s RCM, the equities specialist within Allianz Global Investors.
Figures from Lipper suggest ethical equity funds under-deliver against their sectors.
Europe’s investors are integrating environmental and social governance rules into their investment approach more than US and Asian counterparts, which may be benefiting their portfolios, research by institutional manager RCM shows.