The asset management industry was spoiled with success for many years.
New senior portfolio manager at Fidelity Fidelity Worldwide Investment has appointed Jeremy Podger as a senior portfolio manager in its global equity team where he will manage the company’s $2.5bn global special situations fund. He replaces Jorma Korhonen who is leaving the company. He joins in March and will report to Dominic Rossi, global chief […]
In the final of three features on Germany’s fund industry, consultants say that managers should partner with fewer distributors.
Consultants believe that the existing fee model is unlikely to remain viable as Germany edges towards a distribution model similar to RDR proposed for the UK.
The apparent health of the German fund industry belies a number of serious problems, argues Simon-Kucher & Partners’ Jens Baumgarten.