Rodrigs leaves River & Mercantile over ‘conduct issue’
Philip Rodrigs, lead manager on three River & Mercantile UK funds, left the firm on Wednesday following “an investigation into a professional conduct issue”.
Philip Rodrigs, lead manager on three River & Mercantile UK funds, left the firm on Wednesday following “an investigation into a professional conduct issue”.
Demand for venture capital trusts (VCTs) in the current tax year is exceeding that of last year, with some £474m already invested, according to analysis from Wealth Club.
Aim-listed wealth management firm Mattioli Woods has reported a 17.9% jump in its revenues for the six months to end of November last year and has hiked its dividend as a result.
Don Jordison, managing director of Threadneedle Property Investments, is to retire and leave Columbia Threadneedle on 1 May.
Winterflood Investment Trusts has removed the Templeton Emerging Markets Investment Trust (Temit) from its recommend list of funds until the future direction of Franklin Templeton’s emerging markets team becomes clearer.
FE’s model portfolio service (MPS), FE Invest, has passed through the £1bn assets under management mark, a little under three years since its launch in March 2015.
The Schroder Value team has been cutting the number of stocks in its portfolios and raising cash levels owing to a lack of investable opportunities.
Weighed down by the strength of sterling, investors in UK equities have suffered a tough start to 2018 with both the FTSE 100 and FTSE All-Share indices registering negative returns in January.
BlackRock has launched a fixed-term high yield bond fund, which primarily invests in US dollar denominated high corporate bonds with five-year maturities.
Global investors have begun 2018 in bullish mood, with investors across all regions showing an improved appetite for risk according to the latest State Street Investor Confidence Index.
A combination of a resurgent mining sector, exchange rate gains and one-off specials led to the payment of a record ever amount of UK dividends in 2017, according to Link Asset Services (formerly Capita Asset Services).
After several tough years, things have been looking more positive for investors in emerging markets over the last couple of years, with the region outperforming its developed market peers in both 2016 and 2017.