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Multi-asset managers top up on protection amid inflationary spike


Multi-asset managers top up on protection amid inflationary spike
CPI rises 1.5% in April
The Bank of England recently forecast that inflation would gradually tick upwards towards its 2% target by Q3
Multi-asset fund managers have been topping up on allocations to assets guarding portfolios against inflation, which is expected to spike globally over the coming months as a result of booming commodities prices, wage growth and the reopening of economies.
The Office for National Statistics revealed last week that the 12-month CPI rate rose by 1.5% in April, up from 0.7% in the previous month, driven by rising household utility, clothing, and motor fuel prices. ....

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Wise Funds succession planning commended as Tony Yarrow announces retirement


Wise Funds succession planning commended as Tony Yarrow announces retirement
Replacement managers Matthews and Ropers ‘will need to develop their own track record and prove themselves at running the funds on their own’
Wise Funds founder Tony Yarrow is retiring from the business after nearly 40 years in the industry, but fund buyers are expecting a smooth handover of funds to his replacement managers due to the firm’s long-held succession plan.
Yarrow (pictured) began his career as a financial adviser in 1984 and has been managing funds since 1988. He founded investment management company Wise Investments in 1992 before launching the first of two multi-asset funds managed by Wise Funds in 2004. ....

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Transamerica Receives Three 2021 Refinitiv Lipper Fund Awards


Transamerica Receives Three 2021 Refinitiv Lipper Fund Awards
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BALTIMORE, March 11, 2021 /PRNewswire/  Transamerica announced today that it has received three prestigious 2021 Refinitiv Lipper Fund Awards for two funds advised by Transamerica Asset Management, Inc.
The funds receiving awards are:
Transamerica MLP & Energy Income, class I2 shares
Best Fund out of 24 Over Three Years, Energy MLP Funds category
Best Fund out of 21 Over Five Years, Energy MLP Funds category
Transamerica Asset Management, Inc., Investment Manager; Kayne Anderson Capital Advisors, L.P., Sub-Adviser
Transamerica International Equity, class R6 shares
Best Fund out of 48 Over Three Years, International Multi-Cap Value Funds category ....

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