Why this fund manager is placing his bets on aged care; SG Hiscock launches global small cap fund

That Australia is projected to see a threefold increase in those aged 80 or over by 2062 is not lost on NovaPort portfolio manager, Sinclair Currie, who views the aged care sector as a valuable investment opportunity.

In partnership with US-based asset manager EAM Global Investors, SG Hiscock has launched the EAM Global Small Companies Fund into the Australian market.

Fidelity’s Asian equities investment director, Gary Monaghan, has shared his insights on Chinese technology after its Fidelity Asia Fund won at this year’s Money Management Fund Manager of the Year Awards.

2023 has a “much more challenging” fundraising environment for private markets products, according to J.P. Morgan Asset Management, with the overall sector expecting to raise just over half of what it did in 2021.

Bank of America’s global survey has found allocations to US stocks have seen a record monthly jump as investors tilt overweight to the region for the first time in a year.

Perpetual has announced a shake-up of two funds as part of a strategic review, which is understood to mean two portfolio managers will depart the business.