New Skagen CIO focused on turning around flagship funds
“My number one job is to give the portfolio managers the freedom, space and tools to do their job well,” says Skagen CIO Alexandra Morris in an interview.
ANNOUNCEMENT: Expert Investor is now PA Europe. Read more.
“My number one job is to give the portfolio managers the freedom, space and tools to do their job well,” says Skagen CIO Alexandra Morris in an interview.
Donald Trump is a man of extremes. So, it is perhaps appropriate that markets have responded in kind in the run up to his inauguration on Friday.
Sterling’s reaction over the weekend to leaked portions of Theresa May’s speech on the UK’s Brexit plans, and its general trend since 23 June, meant few expected much strength from the pound on Tuesday.
The massive moves in the renminbi in the past few days have wrong-footed China bears and underscored yet again the size of the role currencies are likely to play in investment returns this year.
If the fund managers surveyed on a monthly basis by Bank of America Merrill Lynch are any indication, animal spirits have returned.
Moody’s has revised its outlook of the global asset management industry to negative from stable for reasons linked to regulations and the performance of active funds.
Here you can see a selection of photos taken at the Expert Investor Pan-European Congress, held in London on 1 and 2 December.
European markets were largely unmoved on Monday morning despite the Italian electorate’s decision to reject Prime Minister Matteo Renzi’s call for constitutional reform.
Investment manager Pimco has been fined nearly $20m (£15.9m, €18.9m) by the US Securities and Exchange Commission (SEC) for misleading investors about the performance of its actively managed Total Return ETF.
One of the losers so far, from the election of Donald Trump to the White House has been emerging markets funds.
Here you can see a selection of photos from Expert Investor Belgium II, held on the 24th of November at the Amigo Hotel.
Here you can see a slideshow of photos taken at the Expert Investor Finland forum, held in Helsinki on 22 November 2016.