Hidden gems: The little known investment funds which experts tip for great things October 28, 2015 Every saver wants the best investment funds in their portfolio. The trouble is, once a fund has become well-known after a good spell of performance, it is statistically more likely to underperform. Investing in the funds at the top of their sector rankings is not always the best idea – some experts describe this [...]
After UK economic growth slowed to 0.5 per cent in the third quarter, should we be worried? October 27, 2015 Tim Price, manager of the VT Price Value Portfolio, says Yes Not only is growth slowing, but a growing number of companies in the Anglo Saxon economies are issuing profits warnings. Recent “victims” include Adobe, Pearson, Caterpillar, William Hill, and the retailers Walmart and Home Retail Group. The list of casualties is broad and varied [...]
Rise in new business and pensions for AXA Wealth October 27, 2015 AXA Wealth announced its third-quarter results yesterday, revealing that new business had shot up by 43 per cent to £578m during its third quarter. Pensions and funds under management for the pensions and investments company also grew by 14 per cent to £30.4bn. Results were also positive for Architas, AXA Wealth’s multi-manager arm, [...]
Axa Wealth reveals new business jumped by 43 per cent in the third quarter October 27, 2015 Axa Wealth announced its third-quarter results today, revealing that new business had shot up 43 per cent to £578m. Pensions and funds under management for the pensions and investments company also grew by 14 per cent to £30.4bn. Results were also positive for Architas, Axa Wealth’s multi-manager arm, which reported an increase in assets of [...]
Insurer Axa brings Ireland business under scope of new UK boss Amanda Blanc October 26, 2015 Insurance company Axa has announced that it will bring its Ireland operations under the remit of Amanda Blanc when she becomes CEO of Axa Insurance, UK & Ireland, on 1 January 2016. Axa Ireland will continue to run as an independent entity, but will report into Blanc. Axa Ireland will be headed by Phil Bradley [...]
City Moves for 14 October 2015 | Who’s switching jobs October 13, 2015 EDMOND DE ROTHSCHILD ASSET MANAGEMENT Agnès Belaisch has been appointed head of the sovereign debt team at the asset management firm. Based in the UK, she was previously in charge of economic and market analysis at the European Stability Mechanism, and has held roles at the IMF. ANV HOLDINGS The insurance group has appointed Janet [...]
Volkswagen scandal promts Axa IM and other European fund managers to demand car makers be more open about their environmental policies October 13, 2015 European funds managers, running more than £625bn in assets in total, have called for greater scrutiny of car manufacturers' lobbying activities in the wake of the Volkswagen emissions scandal. European investment managers including Axa Investment Managers, Menhaden Capital run by Zac Goldsmith's brother Ben, and the Environment Agency's pension fund have called on car giants to be [...]
City Moves for 13 October 2015 | Who’s switching jobs October 12, 2015 CITY NOBLE The pensions and investment advisory firm has appointed Mike Webb as associate in its advisory business. He was previously head of distribution and marketing for the Axa corporate investment platform, and senior business development manager in Standard Life’s corporate pensions division. CBRE The commercial real estate services and investment firm has appointed Milan [...]
City Moves for 09 October 2015 | Who’s switching jobs October 8, 2015 KNIGHT FRANK The property consultancy has announced the appointment of Rob Macnab as partner in its City leasing team. He joins from Kinney Green, where he was an equity partner specialising in the midtown office market. Macnab has worked for clients including O&H Group, Aberdeen Asset Management and DTZ IM. AXA INVESTMENT MANAGERS Tom Clapham [...]
Lloyds share sale: Should you register to buy? 62,000 investors tempted by future dividends October 7, 2015 Investors have been sent into a frenzy by government plans to sell off its remaining shares in Lloyds Banking Group next spring. Since the news broke, 62,000 people have already registered for the chance to buy up shares at a discount. But fear not, there is plenty of time. Read on for our guide to [...]