UBS has upgraded Aberdeen Asset Management from neutral to buy after the group confirmed it is in talks to buy Scottish Widows Investment Partnership (SWIP).
Rob Gambi has been appointed chief investment officer of Henderson, starting in 2014.
UBS Global Asset Management has promoted John Dugenske to the position of global head of fixed income to replace exiting manager Rob Gambi.
THE BIQ QUESTION
UBS Global Asset Management has reduced the charges across its exchange traded funds (ETFs) range, as pricing pressures on ETFs escalate.
UBS Global Asset Management is closing its European Equity fund in September due to poor performance and dwindling assets.
Franklin Templeton has hired former Insight and Armstrong manager Toby Hayes to manage a new multi-asset range, Investment Week can reveal.
Global markets have had a volatile relationship with the central banks this summer, as the US Federal Reserve began hinting at tapering its asset purchasing programme.
A number of big name fund managers have been flagged by Bestinvest’s latest infamous list of "dog funds", which names and shames the worst performing funds available to UK investors.
UBS head of fixed income capability Simon Foster is considering moving assets in to mortgage backed securities (MBS) as fears over the potential end of quantitative easing (QE) weigh heavy on investors.
UBS has become the largest global wealth manager after its assets under management soared in 2012, according to a survey from UK-based research firm Scorpio Partnership.
Last July’s pledge by ECB president Mario Draghi to do “whatever it takes” to save the euro has sparked a run that saw the MSCI Europe index beat the MSCI World by 6% in the last year, surpassed only by the US in terms of performance.
Over the past couple of years, the landscape of the wealth management sector has evolved markedly.
Multi-asset managers have been moving back into property for the first time since the financial crisis, as higher income levels from the sector attract yield-hungry investors.
ON NORTH AMERICA
Kira Nickerson discovers that some fund managers are beginning to re-examine this previously unpopular asset class.
UBS Global Asset Management is launching the UBS Sterling Corporate Bond Indexed fund, its first passive fixed income fund for the UK wholesale market.
Bill O'Neill has left Merrill Lynch Global Wealth and Investment Management to join UBS.