News
Capital Group brings ‘New World’ EM fund to Europe
Capital Group has announced it will make its emerging markets strategy available to investors outside the US this October via a Luxembourg vehicle.
Investment | news 20 Sep 16
It is important that the Fed does not overreact – JPMAM
With central banks in the spotlight this week JP Morgan Asset Management has warned it is important that the Federal Reserve does not overreact.
People Moves | news 20 Sep 16
PEOPLE MOVES: Axa, Legal & General, Aegon
Axa Asia has named a chief executive of Life & Savings and Distribution, while Legal & General have added to its investment and pension risk transfer businesses with two appointments. Aegon Asset Management has bolstered its American real estate advice business with three people moves.
Over 20 EU states call for one-year delay to Priips roll out
Twenty-three countries in the European Union have backed a 12-month delay to the introduction of the controversial Priips legislation, following a landmark rejection of its regulatory technical standards (RTS) by the European parliament (EP) last week.
Investment | news 20 Sep 16
Don’t pick outperforming funds if you want a good return
Fund selectors would be wise to not use past performance as a metric in their fund selection process, according to three American scholars. Moreover, funds that have outperformed their benchmark over the past three years tend to underperform funds with a mediocre or poor performance record over the following three year-period.