Hannah Williford

1 month ago | portfolio-adviser.com | Hannah Williford

Eldridge has launched an active fixed income ETF available to European investors that focuses on structured credit. The ETF, named the Eldridge AAA CLO UCITS ETF, will allow access for non-US based investors to AAA-rated CLO liabilities without the US withholding taxes. The bonds targeted by this fund will have the lowest level of expectation for defaults and Eldridge said CLOs are typically less correlated with other stocks and bonds than other credit investments.

1 month ago | portfolio-adviser.com | Hannah Williford

US inflation was recorded at 2.8% on 12 March, slightly below market expectations, but some fear the figure is the “calm before the storm” ahead of tariff policies coming into play. The Federal Reserve has maintained a target inflation rate of 2%, but figures have remained well above this target. And as tariff talks continue in the US, many believe another jump in inflation numbers is more likely to come than a drop towards the target.

1 month ago | future.portfolio-adviser.com | Hannah Williford

As Charlotte Yonge sorted through boxes of her grandmother’s things this year, she found a pile of handwritten share records from the 1970s. It triggered a memory: when she was young, Yonge had always seen women as the ones who invested, as her grandmother had throughout her life. But as she grew older, Yonge realised she was relatively alone in this assessment. In most homes, men handled the finances, and on a professional level, men were the ones that took on careers in the field.

1 month ago | portfolio-adviser.com | Hannah Williford

Artemis has announced Man GLG’s Teun Johnston (pictured) as the firm’s CEO. He will join at the beginning of April, as senior partner Mark Murray retires at the end of June. Murray has led the group for nearly a decade after first joining Artemis in 1997 and becoming COO in 2001. Johnston became co-CEO of Man GLG in 2013 before becoming the sole CEO in 2016. He was previously head of investments at Oakley Capital.

1 month ago | portfolio-adviser.com | Hannah Williford

L&G Asset Management’s AUM has fallen 2% to £1.1trn this year, with total net outflows of £48.5bn as the business reshapes. Outflows were due to UK DB clients according to L&G, who “continue to adjust their portfolios in response to improved funding ratios and execute some one-off tactical asset allocation rebalances”. Operating profit for the business fell to £401m for 2024 from £448m last year, which the company said is due to investing to “enable growth”.