Premier Portfolio Managers is to launch a Far East open-ended vehicle as a result of the recruitment...
Premier Portfolio Managers is to launch a Far East open-ended vehicle as a result of the recruitment of Richard Muckart, writes James Thorneley. Muckart left Edinburgh Fund Managers, where he was head of emerging markets, in November. While at the group he managed Edinburgh Dragon and Edinburgh New Tiger investment trusts. Over three years the £169.7m Dragon trust's share price fell by 3.4% compared to an average fall in the Micropal Far East ex Japan peer group of 13.6%. The group is looking to increase the number of funds it runs internally. Around 40% of the funds under management are ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
