Baillie Gifford
PEOPLE MOVES: BlackRock, Pimco, Manulife AM
BlackRock has hired former chancellor George Osborne for a part-time role. Pimco has named a head of Asia Pacific and head of US global wealth management, while Manulife Asset Management has appointed a chief executive for Thailand.
PEOPLE MOVES: Axa, James Hambro, Fidelity Int’l
After 10 years with the business, the chief executive of Axa Global Asset Management has announced she is stepping down. James Hambro & Partners has made three senior staff members partners of the business, with Fidelity International handing five multi-asset open range funds to a new portfolio manager.
Don’t underestimate the US growth engine – Slater
Baillie Gifford’s North America head says investors have persistently underestimated the strength of the US economy and continue to do so
Vanguard launches active fund range
Vanguard has launched four UK-domiciled actively managed funds.
Baillie Gifford creates sterling class for
Edinburgh-headquartered firm, Baillie Gifford, has established a sterling hedged share class for its Worldwide Japanese Fund to counteract fluctuations in the price of the yen versus sterling.