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1 week ago | 
citywire.com | Jaco Visser |Ian Heath |RUAN JOOSTE |Simon Evan-Cook
BlackRock has overhauled its Global Emerging Markets (GEM) division and split it into two distinct teams, Citywire Selector has learned.
The changes include the recruitment of two senior investors in Asia and the repositioning of certain portfolio managers, team leaders and strategies.
The resulting structure will create an EM & Asia Core Team in Hong Kong and an EM & Frontiers Team based in London, with the division remaining under the overall leadership of emerging markets CIO Belinda Boa.
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1 week ago | 
citywire.com | Justin Adam Brown |Jaco Visser |RUAN JOOSTE |Simon Evan-Cook
From a valuation perspective, Anchor Capital believes investors could ‘buy with impunity’ if market turmoil knocks the S&P 500 index below 4,500 points.
During a webinar, Anchor chief executive and co-chief investment officer (CIO) Peter Armitage said that if the S&P 500 fell below 5,000, Anchor would buy ‘selective’ shares.
‘You can easily see the market up or down 10% over the course of the next few weeks,’ he added. Already have an account?
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1 week ago | 
citywire.com | Savannah Cobb-Thomas |Simon Evan-Cook |Fergus Horsfall
Former BlueOrchard CEO Philipp Mueller has been appointed chief executive of Zug-based global impact investment firm Blue Earth Capital. He will assume his duties in October.
Mueller joined BlueOrchard in 2018 as a managing director and head of investment solutions; he became CEO in 2020.
BlueOrchard announced last week that Michael Wehrle, who joined the firm as head of investment solutions in 2021, is taking over as CEO. Already have an account?
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1 week ago | 
citywire.com | Miles Costello |Michelle McGagh |Simon Evan-Cook
The FTSE 100 added to yesterday’s gains after global markets steadied on positive noises from the White House around trade negotiations, including a deal with the UK.
The main UK index was up 0.8%, or 63 points, at 8,196 as the S&P 500 enjoyed back-to-back daily gains for the first time since US president Donald Trump announced reciprocal tariffs on 2 April, before mostly pausing them a week later.
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1 week ago | 
citywire.com | Sophie Downes |Joe Stonor |Victoria Bell |Simon Evan-Cook
Cross-jurisdiction advice specialist Maseco Private Wealth has added seven new partners as the firm bolsters its leadership team amid fast expansion.
London-based Maseco, a two-time Citywire New Model Adviser cover star which specialises in advising clients with planning needs in both the US and UK, has grown quickly in recent years.
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1 week ago | 
citywire.com | Sophie Downes |Miles Costello |Simon Evan-Cook |Michelle McGagh
Graeme Forster is an Elite Investor, placing him among the top 3% of best performers out of more than 10,000 equity managers tracked by Citywire. He runs the Orbis Global Value Fund, which hunts for fundamentally strong companies with shares that have been mispriced by the wider market.
Forster and his team draw on the best ideas from a large pool of analysts worldwide while also using computer-driven models and screening tools.
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1 week ago | 
citywire.com | Sophie Downes |Angus Foote |Nour Azhar |Simon Evan-Cook
Fee compression remains a dominant narrative in the ETF industry with companies vying to maintain and attract investors. WisdomTree recently slashed fees of its existing $880m (£682m) bitcoin ETP to mirror BlackRock’s introductory pricing of its new bitcoin ETP – a move widely interpreted as a defensive manoeuvre to protect their market share.
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1 week ago | 
citywire.com | Jaco Visser |Justin Adam Brown |RUAN JOOSTE |Simon Evan-Cook
In the middle of global volatility in markets due to US President Donald Trump’s tariff flip-flops, one positive has reared its head for South Africa: lower inflation.
For investors, a lower inflation outlook will amplify the real returns they achieve on their government bonds. Domestic political uncertainty is placing something of a floor below government bond yields.
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1 week ago | 
citywire.com | Jérémie Gatignol |Olivia Bybel |Selin Bucak |Simon Evan-Cook
Axa Venture Partners, which decided to go independent following BNP Paribas’ acquisition of its parent company, has rebranded as Atlantic Vantage Point and signed the European Investment Fund (EIF) as an anchor investor for its next vehicle. The firm’s management team decided to launch a management buyout to acquire Axa’s 70% stake in the business, as French giants Axa and BNP Paribas entered negotiations for the sale of Axa Investment Managers.
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1 week ago | 
citywire.com | Natalia Vasnier |Justin Adam Brown |RUAN JOOSTE |Simon Evan-Cook
PPS Investments’ total assets under management and administration ended 2024 at R96.5bn, up almost 15% from R84bn in 2023.
The asset manager reported net flows into its investment business of R3.5bn in 2024, up from R2.5bn in 2023. Of the R12.5bn increase in PPS Investments’ assets, R9bn was due to favourable market movements.
