JP Morgan
PEOPLE MOVES: PineBridge, Guernsey Finance, Fidelity Int’l
PineBridge Investments has a new head of Switzerland and Austria, while Guernsey Finance has promoted its multilingual international business development director to deputy chief executive. Fidelity International has appointed a head of equity.
Fixed Income | 29 Mar 17
JP Morgan: There is still opportunity in credit
After a recent survey found more than 80% of investors believed corporate bonds were overvalued, a JP Morgan portfolio manager has argued the case for keeping money in the asset class.
JP Morgan to roll out more funds in China
JP Morgan Asset Management plans to launch more funds for China distribution through the mutual recognition of funds scheme, even though overall MRF sales have been slowing, said Henry Tong, head of China retail business.
PEOPLE MOVES: Standard Life/Aberdeen, Killik, OMGI
Standard Life and Aberdeen have clearly defined the roles co-chief executives Keith Skeoch and Martin Gilbert will fill once the companies merge. Killik & Co’s Sarah Lord surprised many this week by announcing plans to move on from the company, while OMGI has parted ways with its fixed income head.
US equity funds to watch based on their AUM
The largest US equity funds are dominated by managers with a great deal of experience who focus on companies with the potential for durable growth.