Fidelity has appointed a new global chief investment officer for fixed income. Marion Le Morhedec will join Fidelity in September after two decades with AXA Investment Managers, where she most recently served as global head of fixed income. At AXA she managed a team of 110 people across eight locations and was also a member
Several fund managers have been made redundant at Newton Investment Management, the asset management business owned by BNY, as it seeks to “streamline” the company. BNY previously announced Newton chief executive Euan Munro and co-chief investment officer Mitesh Sheth were leaving with their roles and not being replaced. But FT Adviser can reveal further job
The first quarter of 2025 was “peculiar” for platforms where asset growth was down despite encouraging sales numbers. Latest data from the Lang Cat showed advised platforms saw record gross sales of £22.1bn in the first quarter of 2025, representing the highest quarterly total in its records. However, assets across advised platforms contracted by 0.64
Gold as an asset class has always provoked sharp divergences of opinion, from those who view it as the ultimate hedge against inflation, to those who will not consider it in portfolios. What cannot be argued with is the recent performance of gold, hitting multiple highs, and, as the chart below shows, sharply outperforming the
The complexity of the Isa process is pushing savers towards short-term saving over investment, research from AJ Bell has revealed. The research, conducted by Dr Richard Whittle and Dr Stuart Mills looking at the Isa savings and investment landscape, found that only 15 per cent of UK adults hold a stocks-and-shares Isa, compared to around
Global market volatility is seeing fund houses increase their allocations to the safe haven asset class of gold. Max Belmont, portfolio manager at First Eagle Investments, said in the wake of Trump’s tariffs the firm has increased its gold allocation. Belmont said an allocation to the precious metal is always a strategic allocation in the
Transact’s efforts to attract new advisers has seen registered clients grow 4 per cent to 241,000. Parent company Integrafin’s half year results show Transact’s net inflows were £2.1bn for the six months to March 31, up from £1.1bn in the same period of 2024. The interim update read: “Global equity market volatility in April 2025
A number of industry experts have urged policymakers to prioritise life-long financial education after the Financial Conduct Authority revealed 13mn adults have low financial resilience. The Investing and Saving Alliance (Tisa) called for policymakers to start financial education in primary school with a view to scale it up throughout the years to reach targeted support
Fund managers from Aviva Investors and Insight Investment speak to FT Adviser about the outlook for fixed income, saying returns are likely to come from bonds. David Thorpe, senior investment editor at FT Adviser, is joined by Damien Hill, strategic bond fund manager at Insight Investments, and Aviva Investors multi-asset manager, Sotirios Nakos, to discuss
Timeline has launched a multi-asset fund saying it was the “logical next step” for the platform. Announced at the Adviser 3.0 conference in London today (May 15), Timeline chief executive, Abraham Okusanya, said the fund does not have an exact launch date as it waits for regulatory approval. “As you will know, there is currently