F&C

CHARGING

Multi-asset managers have revealed their strategies as tensions mount in Syria and policy issues resurface in the US.

Flows into multi-asset products have been growing consistently in recent months, and multi-asset now constitutes 11% of the UK funds market.

Edward Bramson is to stand down from his role as chairman of F&C Asset Management, to be replaced by Keiran Poynter.

100% CLUB

F&C Asset Management has reported pre-tax profits of £37.3m for the half year ending 30 June 2013, citing buoyant equity markets and cost-cutting measures introduced by activist shareholder Edward Bramson.

The recent hiccup in investor sentiment should not develop into anything more dramatic, writes Rob Burdett and Gary Potter, co-heads of multi-manager at F&C investments.

Lured by higher income levels, multi-asset managers have been moving back into property for the first time since the financial crisis. But are there still gains to be made? Cherry Reynard reports.

Investors should be thinking about cutting their exposure to Asia and emerging markets and looking more to the developed world, according to F&C co-head of multi-manager Gary Potter.

Richard Philbin, the former F&C and Architas multi-manager, has teamed up with the founder of Skandia's Best Ideas range Alan Durrant to launch a new multi-manager business.