Tracker inflows lead to record LGIM net sales
Strong sales of index tracker funds propelled Legal & General Investment Management (LGIM) to the top of the net retail sales charts in the second quarter, according to the latest Pridham Report.
Author: Adam Lewis
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IBOSS Oeics surpass £100m in AUM
IBOSS Asset Management’s range of risk-rated multi-asset Oeic funds, launched in February last year, have passed through £100m in assets under management (AUM).
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PA ANALYSIS: Why tech is not all about growth
In the not too distant past, the notion of investing in technology for anything but capital growth would have been scoffed at.
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PA ANALYSIS: Is a new dawn rising in Japan?
In addition to slashing their underweights in the US to a nine-year low, BofA Merrill Lynch’s latest Fund Manager Survey showed that global fund managers are increasingly regaining their appetite for Japan.
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Hot June leads to clothing spending spree
A warm June propelled UK retail sales for the second quarter of the year, with strong clothing sales compensating for a decline in food and fuel sales.
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PA ANALYSIS: Time for active funds to adapt or die
The active funds industry must shrink, cut prices, better-align itself with investors and differentiate if it wants to compete against a passive onslaught, according to a report by Morningstar.
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Why the next global economic contraction could be only three years away
Seneca Investment Managers’ chief investment officer Peter Elston has warned that the next global economic contraction could occur in 2020 and is cutting his equity exposure accordingly.
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Managers slash US weighting to nine-year low
The degree to which global fund managers are underweight in US equities has fallen to its lowest level since January 2008, according to the BofA Merrill Lynch July fund manager survey.
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Ravenscroft begins UK retail push
The Channel Islands stockbroking and investment management company Ravenscoft has announced Stephen Lansdown as chairman and launched two funds for UK retail investors.
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Walker Crips to raise dividend after strong annual results
Walker Crips has reported a 12% jump in group revenues for the year ended 31 March 2017, while its profits before tax almost doubled compared with the previous year.
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UK inflation unexpectedly dips in June
UK inflation has fallen month-on-month for the first time since April last year, reducing the likelihood of an August interest rate rise.
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PA ANALYSIS: Property back in the black, but have lessons been learnt?
Some 12 months on from the carnage open-ended property funds experienced in the wake of the Brexit vote, investors seem to be returning to the sector once more.
