POWERED BY MOMENTUM MEDIA
BlackRock recruits from NAB for global fund
BlackRock Investment Management has appointed Evan Jones as senior portfolio manager for its BlackRock Asset Allocation Alpha Fund.
Jones comes to the role from National Australia Bank where he was a proprietary trader. He has 17 years experience in financial markets, having previously worked for the Royal Bank of Canada, Macquarie Bank and Société Générale.
Strategies adopted in the Asset Allocation Alpha Fund are thematic and concentrate on exploiting trends, likely developments and mis-pricing in global asset markets, BlackRock stated.
Jones will report to lead portfolio manager David Hudson.
Announcing the appointment, Hudson said Jones’ risk management philosophy was aligned with BlackRock’s, and that the company respected his fundamental approach to investing.
Recommended for you
The two funds have announced the signing of a non-binding MOU to explore a potential merger.
The board must shift its focus from managing inflation to stimulating the economy with the trimmed mean inflation figure edging closer to the 2.5 per cent target, economists have said.
ASIC chair Joe Longo says superannuation trustees must do more to protect members from misconduct and high-risk schemes.
Super fund mergers are rising, but poor planning during successor fund transfers has left members and employers exposed to serious risks.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
88.01 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
72.60 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
44.46 3 y p.a(%)
4
Pengana High Conviction Equities B
39.12 3 y p.a(%)
5
Pengana High Conviction Equities A
39.05 3 y p.a(%)
