Investment
Fixed Income | 13 Feb 17
Volatility to rock corporate credit, says Goldman Sachs AM
Stronger volatility is coming and credit risks are not properly priced to reflect the change due to investors chasing yield, said Jonathan Xiong, head of the fixed income alternatives group at Goldman Sachs Asset Management.
Fixed Income | 10 Feb 17
BlueBay expands ESG fixed income investment offering
Fixed income manager BlueBay Asset Management is expanding its environmental, social and governance (ESG) fixed income offering in response to client demand for greater incorporation of the ethical investment strategy.
ETF Securities targets Australia following Hong Kong exit
UK-based ETF Securities has said it will focus on expanding its presence in Australia following the asset manager’s exit from Hong Kong earlier this year.
Former Westpac banker jailed for property Ponzi scam
A former Westpac banker in Australia has been sent to jail for three years for encouraging elderly and vulnerable customers to borrow over A$2.5m (£1.5m, $1.9m) to invest in a Tasmanian property development, which turned out to be a Ponzi scheme.
Investment | 9 Feb 17
Openwork to launch discretionary fund management service
Openwork is to launch a discretionary fund management (DFM) service in April that will leverage its investment proposition Omnis, which includes strategies run by groups including Woodford Investment Management, Schroders, and Threadneedle.