Ian Heath

3 days ago | citywire.com | Tania Mitra |Ian Heath

Morningstar has placed the $23m Invesco Developing Markets Equity fund under review due to the exit of portfolio manager Justin Leverenz. The strategy, which has a US version called Invesco Developing Markets (ODMAX) that was once worth $53bn, previously held an overall bronze rating. Leverenz’s exit was announced on Monday. It is unclear why he left the firm. Already have an account? Which of the following best describes your role?

1 week ago | citywire.com | Ian Heath |John Schaffer |Chris Sloley

Clearstream has launched a digital tool to take out some of the hassle and manual process of dealing with private markets funds. The new tool is said to automate key processes for wealth management firms distributing these more complex vehicles to their clients, as well as increasing efficiency for fund providers. The tool will allow for multiple portfolios to be consolidated under a single account, while also offering detailed reporting.

2 weeks ago | citywire.com | Ian Heath |Olivia Bybel |Miles Costello |Joseph Eden

Scott Decatur is no ordinary quant. He doesn’t dream of a gazillion data points, and a giant mega-computer that crunches through them all at lightning speed in pursuit of the perfect opportunity. Although he is intellectually fascinated by it, he has also declined to embed AI into his stock-selection system, arguing that its processing prowess doesn’t necessarily add anything and can actually be counter-productive. Nor does he endlessly tinker with the model he and his team have built. Nope.

3 weeks ago | citywire.com | Ian Heath

Comgest a nommé un nouveau responsable pour son équipe actions des marchés émergents, alors que deux gérants de portefeuille expérimentés sont sur le point de partir, selon une note de Morningstar. Nick Payne (en photo), qui a rejoint la société de fonds basée à Paris en janvier en provenance de Jupiter Asset Management, a été nommé à la tête de l’ensemble de l’équipe actions des marchés émergents.

3 weeks ago | citywire.com | Ian Heath

Comgest appointed a new leader for its emerging markets equity team, with two veteran portfolio managers set to exit, according to a Morningstar note. Nick Payne, who joined the Paris-based fund house in January from Jupiter Asset Management, has been appointed head of the entire emerging markets equity team. He will oversee the group across its Paris and Southeast Asia offices, while continuing to co-manage the $422m Comgest Growth Emerging Markets strategy alongside Slabbert van Zyl.