$1.4trn AM giant responds to Buffett’s active fees criticism
Capital Group says argument seemingly in support of passive management miss ‘vital point’ regarding alternative options.
H2O AM bolsters portfolio manager line-up with two new names
London-based investment boutique promotes two analysts to support management teams, including those on newly launched Barry range.
Schroders closes two GAIA funds to new investors
Asset manager will use a waiting list to control subscriptions to moderate investor interest in funds, Citywire Selector has learned.
Ex-Templeton multi-asset CIO joins Canadian giant
Veteran who launched own investment boutique in 2015 has joined Calgary-based group in institutional PM role.
Ex-Oddo AM multi-manager chief named Tocqueville CEO
Veteran investor takes on senior post at majority-owned subsidiary of current employer as sitting senior staff member departs.
French group to slow flows into star trio’s small-cap fund
Paris-based group to introduce 5% levy on all new investments into European equity strategy after hitting €350 million.
Warren Buffett praises 'hero' Vanguard founder over fees
In his annual letter, the 'Sage' of Omaha has said Jack Bogle as ‘hero’ for protecting millions of investors from high cost active management.
Ex-Carmignac analyst resurfaces in PM role at DNCA
Investor with 15 years' market experience is added to diversified investment team led by veteran Jean-Charles Mériaux.
AllianzGI multi-asset team hit with fresh exit
Fund selector within Manuela Thies’ team becomes latest to depart following three-man exodus last summer.
Amundi rationalises boutique chief’s US agg bond fund
(Update) Asset management firm liquidates several share classes of Luxembourg-domiciled strategy overseen by US-based subsidiary.