Federated Hermes appoints director wholesale clients in Germany
Dominik Schubert is joining the firm from Goldman Sachs Bank Europe
Dominik Schubert is joining the firm from Goldman Sachs Bank Europe
Report highlights concerns over risks around data protection and privacy
Álvaro Peró Gala will be based in the firm’s London office
Capital Group has launched a set of multi-thematic sustainable funds that are available for investors in Europe, writes Christian Mayes. The Capital Group Sustainable Global Opportunities fund (LUX) will invest in global equities, while the Capital Group Sustainable Global Corporate Bond fund (LUX) will target fixed income exposure. The launch also includes a multi-asset offering…
Capital Group has appointed Benno Klingenberg-Timm as its new head of institutional for Europe and Asia. He begins his role immediately and will fill the role left vacant by the passing of Stephen Gosztony last year. Writing on LinkedIn, the Singapore-based Klingenberg-Timm wrote: “I am excited to embark on this new journey, alongside my fellow…
Scott Steele also worked at Pimco and BMO Mutual Funds
With Alliance Bernstein hire
June 2020 review found the directive worked well – so why open Pandora’s box?
The expected hung parliament following this weekend’s Italian election is likely to encourage fund selectors towards Italian equities and away from the fixed income sector, according to experts.
Bookmaker William Hill cut its odds for Britain to vote to remain in the EU to 1/5 yesterday, implying a probability of just 15% for Brexit to occur. Nevertheless, fund managers remain seriously worried it might well happen.
The majority of fund buyers in the Basque country and in much of the rest of Europe expect another market correction this year. Fund managers at Expert Investor Spain, held in Bilbao last week, identified China and Brexit as the main possible triggers for this.
Fund selectors in Barcelona, who again turned up in large numbers at the semi-annual Expert Investor Barcelona event last week, are yearning for another round of quantitative easing. They expect QE 2 will mainly benefit the equity markets, and they are selling off their bond holdings in unprecedented amounts.