RWC launches new fund
Active investment manager RWC has announced the launch of the RWC Global Horizon Fund, based on the presence of recently-recruited specialist Louise Keeling.
The company said Keeling had been recruited as a partner in April to establish a long-only Global Equity team, having previously worked with Jeremy Hosking at Marathon Asset Management.
RWC said it expected to launch the new product this month, with the long-only unconstrained global equities fund being launched as a Luxembourg UCITS Fund to sit alongside the $2.5 billion RWC already manages across its UCITS Funds.
Keeling said that in launching the fund, RWC was taking an approach which allowed it to make contrarian investments which it believed would create outsized returns for investors.
Recommended for you
Sharing his reasoning in joining the FSC board, WT Financial chief executive, Keith Cullen, believes “product and advice cannot be separated” from each other in the current environment.
The Emerge Foundation, a charity run by financial advisers and fund managers, has announced a scholarship program to help veterans transition into tertiary education.
In an open letter, Sequoia chief executive Garry Crole has hit out against shareholders “with a personal axe to grind” as he fights for his job ahead of an EGM.
The JAWG has announced it is in talks with Treasury around five “core principles” to strengthen the education standards for new entrants to the financial advice space.