Standard Chartered has this week announced a loss-making Q3 accompanied by a $5.1 billion rights issue and a strategic review, writes Barry Norris for Investment Europe. The Argonaut Capital CEO explains that while new management has gone a long way to owning up to the previous failings of the bank, it has also admitted to new challenges: Standard Chartered is a broken business model in a cyclical downturn. Continue reading “Standard Chartered: a broken business model in a cyclical downturn”

Conrad Saldanha, Emerging Markets Equity Fund manager at Neuberger Berman, tells CNBC the perception of risk is the only thing currently uniting emerging markets. Continue reading “There’s only one thing that unites emerging markets”

T. Rowe Price’s Michael Della Vedova has hailed the European Central Bank’s hint it may extend its €1.1trn quantitative easing programme, reports FT Adviser. The manager of the T. Rowe Price European High Yield Bond Fund explains the suggestion – which reflects the ECB’s supportive stance on growth – will help stabilise the region’s credit markets. Continue reading “T. Rowe manager: ECB QE hint to stabilise credit markets”

Standard Chartered has this week announced a loss-making Q3 accompanied by a $5.1 billion rights issue and a strategic review, writes Barry Norris for Citywire Wealth Manager. The Argonaut Capital CEO explains that while new management has gone a long way to owning up to the previous failings of the bank, it has also admitted to new challenges: Standard Chartered is a broken business model in a cyclical downturn. Continue reading “Argonaut: Standard Chartered is a broken business”

Continue reading “Top fund manager: ‘I don’t meet company bosses – they lie’”

For investors looking for value and a sector that remains in the middle stages of its economic cycle, the real estate securities market in Continental Europe may be worth a look, Neuberger Berman’s Gillian Tiltman tells Portfolio Institutional. Continue reading “Birth of a sector: Europe’s listed real estate revolution”

China held its fifth plenary session this week, where the ruling Communist Party decided the details of its 13th Five Year Plan behind closed doors. Full details of the decisions the government has made will not be released until March next year, but leading fund managers have already started making predictions – with Hermes’ Gary Greenberg telling Citywire Global growth in China still has some way to go. Continue reading “China’s Fifth Plenum: what investors need to know”

From beaten-up Chinese equities to unloved UK retailers, recent volatility has thrown up interesting opportunities for the intrepid investor. Citywire Wealth Manager canvasses T. Rowe Price’s Stephane Fertat, Neuberger Berman’s Frank Yao, Stenham’s Tim Beck, SWMC’s Stuart Mitchell, Hermes’ Fraser Lundie, and Evenlode’s Ben Peters on their contrarian calls.

Continue reading “Where eight stockpickers are finding real opportunities”

Regulation has been a key concern for the asset management industry since the onset of the financial crisis, with MiFID becoming a bedrock of an effort to reshape capital markets regulation across Europe. Alex Kerry, head of Winterflood Business Services, tells Professional Paraplanner why companies trying to stay ahead of the regulatory curve on execution need to start thinking seriously about MiFID II.

Continue reading “Best execution: Staying ahead of the regulatory curve”

The record-breaking corporate profits announced by Apple on October 27 have divided sector specialists, with concerns raised over future developing world growth. Citywire AAA-rated Joshua Spencer, manager of the T. Rowe Price Global Technology Fund, tells Citywire why he believes the upsurge in demand for the iPhone in China will fail to sustain Apple’s long-term growth. Continue reading “Apple appeal: specialists react to the tech giant’s record figures”