Threadneedle co-head of emerging market debt John Peta has taken over management of the group’s local EMD fund as he begins running money at the group for the first time.
Peta, who joined from Boston's Acadian Asset Management last October, took over from co-EMD head Henry Stipp as manager of the £95m Threadneedle Emerging Market Local fund on 8 February. Peta and Stipp...
Pearson falls 11%
New role in September
JOHCM's Beagles: Post-referendum economic and company data proves it is not as gloomy as many believe
More than a month on from the EU referendum and the sky has not fallen in. Helped by the Conservative party's usual brutal efficiency that ensured the political vacuum was quickly filled, financial markets have stabilised.
The US market continues to climb higher on encouraging economic data, recovering oil prices and the Federal Reserve's cautious approach to raising interest rates, writes Franklin Templeton's Grant Bowers.
Prime Minister Shinzo Abe won a decisive victory in the Upper House polls last month. His ruling coalition now holds a 'super majority' control of both houses of parliament (ie, holds de-facto more than two-thirds of all parliamentary seats), writes Jesper...