Investment
Best Practice | 6 Feb 17
Five DFMs band together to launch industry partnership
Five UK discretionary fund management (DFM) firms have formed the DFM Alliance, a partnership offering financial advisers a platform to improve client outcomes through information, education and collaboration.
Passive investments set to overtake actives by 2024, says Moody’s
Assets held in passive investments will represent more than 50% of the US market in four to seven years’ time, with the growth rate in Asia expected to increase, according to a Moody’s report.
Multi Asset | 6 Feb 17
Global unconstrained fund managers best, says UBS WM’s Lecher
Stefan Lecher, the new head of client portfolio management for Asia-Pacific at UBS Wealth Management in Hong Kong, said unconstrained managers have the best chance to excel.
Generali Investments launches global multi-asset income fund
Generali Investments, the asset management arm of Italy’s Generali Group, has launched a global multi-asset income fund, which aims to generate a stable payout while also growing capital.
KPMG blasts Harlequin boss over investor pay-back plan
The independent trustee of Harlequin Property, the £400m ($509m, €454m) overseas property scheme facing ruin, has blasted the company’s chairman David Ames over how he intends to pay back stricken investors.
