News
Goldman Sachs AM defends global REITs
The prospect of higher interest rates around the world is less likely to hit real estate investment trusts (REITs) over the long term than other, so called, bond proxies, said Goldman Sachs Asset Management’s Hong Kong-based portfolio manager Frankie Lee.
Alternatives | news 23 Dec 16
Performance of private equity funds attracts new fans
Family offices and high net worth individuals are stepping up investments in private equity products, according to alternative assets data provider Preqin.
Investment | news 22 Dec 16
Seven investment themes for 2017
The end of a 35-year bond bull market, the rise of so-called robojobs, rapid developments in gene editing and the ‘sharing economy’ will be among the seven themes that will interest investors next year and beyond , according to Investec Wealth & Investment.
People Moves | news 22 Dec 16
PEOPLE MOVES: STM, L&G, Lighthouse
Cross-border pensions provider STM hires a key London & Colonial director to its board following its acquisition of the Sipp firm in September. EY reveals who will replace chief financial officer Mark Gregory when he retires next year as an ex- Personal Finance Society chief steps down from her role at the Lighthouse Group.
Investment | news 22 Dec 16
Woodford pockets £7.2m as profits triple to £35.4m
Woodford Investment Management, the firm owned and run by star manager Neil Woodford tripled its profits to £35.4m ($43.6m, €41.8m) in the year up to March 2016, according to latest records.