The WAY Group selects StatPro Revolution to underpin and streamline investment performance analysis as the company gears up for 2012 fund management expansion
30 January 2012
The WAY Group today announces it has selected StatPro Revolution, the cloud based portfolio analytics solution to underpin its fund management and wider fund administration operations.
The independent, privately owned financial services group said the software will bring substantial benefits both to them, as ACD for some 60 collective investment funds, and to the various internal and external third party investment managers running those funds.
Eddie O’Gorman, CEO of WAY Investment Services, said: “StatPro Revolution really is revolutionary. As a comprehensive cloud based portfolio analytics solution, we believe it will have substantial benefits for asset managers as well as fund administrators globally.
Gabrielle Knights, fund manager, WAY Asian Spice Fund, predicts continuing volatility in emerging markets sector – remains overweight in Indonesia, China, Thailand and Philippines, and retains large cash weighting
January 25th 2012
LOOKING to key investment positions in the first quarter of 2012, manager Gabrielle Knights says she currently favours Indonesia, China, Thailand and the Philippines.
“Indonesia is currently attractive: its sovereign rating was upgraded by Fitch in December 2011 and by Moody’s in January 2012, while at the end of last year The Land Acquisition Bill was passed, enabling swifter completion of infrastructure projects,” said Knights.
“After a stellar 60% return in sterling terms in 2010, the Jakarta Index still managed to edge up in 2011, compared to returns of +19% and -18% from the sterling-based MSCI Asia Pacific ex-Japan Index over the same period.
“Plus points are Indonesia’s rich natural resource base, increasingly stable macro-economy, deepening democratic institutions, vibrant civil society, strong fiscal position, and favourable demographics.
January 23rd 2012
WAY Group today announces three senior appointments to drive forward the fast-growing company’s bespoke estate planning and investment offerings designed to meet the needs of adviser and investors in 2012 and beyond.
Joining the company is fund manager Gabrielle Knights, to run the WAY Asian Spice fund. Gabrielle started as a fund manager with Swiss Bank Corporation in the late 1980s and has extensive experience of both the UK and Asian Markets.
The Asian Spice Fund is a focused and unconstrained equity fund investing across all Asian markets, stretching from the Indian sub-continent to Australia.
In addition Peter Hugh Smith joined in late 2011, and Nick Godfrey, will be taking up a full time position in May. Both Peter and Nick have held senior positions within financial services and will be joining as Directors of WAY Investment Services Ltd.
Peter Hugh Smith has 20 years experience in the investment management industry, with a particular expertise in multi-manager and strategic alliances gained from 13 years at the US multi-manager Russell Investments.
Peter will be driving the development of WAY’s investment proposition, focusing on solutions to client needs and developing strategic alliances through a range of initiatives timetabled throughout 2012.
Nick Godfrey brings with him a wealth of experience in sales and distribution and will help WAY shape its future distribution capacity and strategy. Nick has previously held senior sales positions at fund platforms Cofunds and Selestia/Skandia.
These appointments will be further supplemented by the consultancy agreement reached with former T.Bailey Chief Executive, Jason Britton, who will be assisting with the development of new investment projects.
“We are very pleased to announce these new, senior appointments, which we know will help to further enhance The WAY Group profile and also help to shape the future of the company going forward in what we believe will be an exceptionally successful year,” said WAY board director Eddie O’Gorman.
– Ends –
www.wayinvestments.com 01202 890895
Eddie O’Gorman 01202 890895 / 07976277286
The WAY Group
Director 07941 255855 / 01273 711567
Incorporated in 1996, The WAY Group is a privately owned financial services group.
The founders of the company include ex-independent financial advisers who specialised in offering portfolio management services to private and corporate investors.
For further information about The WAY Group products and services please call 01202 855856, or visit www.waygroup.co.uk
January 18th 2012
HFM Columbus investment director Rob Pemberton’s Q1 assessment – gold and gilts overvalued, but positives to be found with equity income funds, strategic bond and multi-asset funds
A welcome respite but energy price cuts are short term – volatility likely to continue for UK businesses, warns SABIEN TECHNOLOGY
January 16th 2012
For immediate distribution
Recent price cuts are primarily driven by mild winter
Compelling reasons to harness proven retro fit energy saving technology
Becoming more energy efficient will help mitigate UK businesses exposure to volatile energy prices
London – Sabien Technology Group plc (AIM: SNT)
UK businesses should not ‘rest easy’ following the recent energy price cut announcements, warns Sabien Technology.
The energy efficient product manufacturer said that while suppliers such as EDF, British Gas and Npower (BBC news 11/01/2012) have announced energy price reductions as a result of falling wholesale gas prices primarily triggered by the mild weather, UK businesses should not take comfort but consider the implications of longer term price volatility.
TOP DOLLAR – why Rob Pemberton, HFM Columbus Investment Director reckons US stocks are a good bet for 2012
January 9th 2012
Rob Pemberton, investment director, wealth manager HFM Columbus argues that a resilient economy, attractive company valuations and a stable dollar make the U.S. his overseas market of choice.
Pemberton’s Top Dollar – fund picks:
L&G US Index Trust,
ishares S&P 500
Threadneedle America Fund
JPM U.S. Equity Income Fund
Why the US?
- The U.S. economy is holding up much better than Europe and the UK and will escape a ‘double dip’ recession in 2012.
- Wall Street offers UK investors a plethora of attractively valued companies with strong balance sheets and revenues across a wide range of industries.
- U.S. stocks should benefit from growing sentiment among U.S. investors that the country’s economy is becoming insulated from the debt crisis buffeting Europe.
- U.S. stocks have already shown their resilience to the barrage of bad news coming out of the euro zone by outperforming UK and European equities in 2011.
- For UK investors who might be concerned their returns on U.S. investments could be hurt by a falling dollar, the currency is benefiting from its safe haven status amid the global economic turmoil.
- There is no reason to think it will weaken against sterling in the next few years.
- Index-tracking funds such as L&G’s U.S. Index Trust or the ishares S&P 500 offer good exposure to U.S. stocks given the poor record active managers have for beating the index.
- There are exceptions to the rule with the Threadneedle America Fund managed by Cormac Weldon one of the few active funds to have consistently delivered index-beating returns. Axa Framlington and Baillie Gifford also offer funds that have outperformed in the past.
- For the investor seeking equity income, JP Morgan’s US Equity Income fund is the standout performer. It’s important to note that the S&P 500 yields only around 2%. Investing in U.S. companies for equity income is a strategy for a medium to long-term investor. It is more about the consistency of a growing dividend over many years rather than the payment of large, but irregular dividend payments.
Investment Director 07808 329884
Senior Consultant – Director 01273 711567 / 07941 255855
DAM PR Ltd
HFM Columbus is a joint wealth management operation utilising the expertise of IFA firms Hoyland Financial Management and Columbus. The company targets the higher net worth end of the market and offers in-depth solutions ranging from mortgages and investments to employee benefits, retirement and IHT.
Hoyland Financial Management was established in 1986 by Jeremy Hoyland to provide in-depth, independent financial advice primarily to high net worth individuals and business owners. It has dedicated departments for high net worth financial planning, including investment, pensions and tax advice, mortgages and employee benefits. The team of financial advisers is led by Jeremy Hoyland whose previous career background was in International Banking. All advisers are professionally qualified and continue to pursue an ongoing programme of specialist technical development. HFM maintains an in-house department dedicated to product and fund research.
Columbus, based in Tunbridge Wells, Kent, was founded in 1990. Today, directors Marcus Carlton and Charlie Walker head up a team of four other consultants each with many years of experience advising wealthy individuals and their families. Columbus has forged an enviable reputation for its tax structure work through a combination of leading edge thinking and careful due diligence. Columbus is proud to have been awarded chartered status in 2008, a reflection of their dedication to advancing the knowledge base of their consultants and support staff. Columbus maintains an in-house department dedicated to product and fund research.
Temporary annuities increasingly in demand as traditional annuity solutions become ever less attractive, reckons Gallagher Employee Benefits
January 9th 2012
For immediate distribution
FALLING annuity rates as a direct result of lower gilt yields and high inflation have led to a significant rise in clients arranging temporary annuities, according to new research by Gallagher Employee Benefits.
The retirement planning specialists’ Stuart Grennan said more and more clients were either taking up or considering taking up a temporary annuity option in order to put off annuitising for life in the currently poor market conditions.
“We believe that the take up of temporary annuities will continue well into 2012 and perhaps beyond, as we think it unlikely that annuity rates will rise anytime soon, as gilt values are likely to remain low given the current austerity measures and fall out from the EU-zone.
“Added to that we have EU legislation Solvency 2 looming, which will in all probability further dampen the chances of rates rising – so for those in or approaching retirement, there are many attractions to taking an annuity now with the option of moving to a different product a few years down the line when rates have hopefully improved,” he added.