Two thirds of professional investors think macro investing now ‘more relevant’
Fulcrum Asset Management quizzed 205 UK and US participants
Author: Alex Sebastian
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Abrdn set to fold New Dawn trust into Asia Dragon
Circular to shareholders expected to be published in September
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Evelyn Partners ousts Fidelity fund and Asia Dragon trust in MPS rebalance
Changes come as part of latest rebalance of its portfolios
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Quilter Cheviot adds quartet to business development team
Adam Davey has joined the Glasgow office from Royal London
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SJP makes raft of management changes to funds in new ‘global’ approach
Changes signal a more global, multi-manager approach
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Polar Capital tech trust eyes AI-powered resurgence after tough year
The trust’s closing share price was 4.9% down on the year before
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GAM investors aim to scupper Liontrust takeover bid with rival offer
Offer at a 29.1% premium to the Liontrust proposal
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Square Mile CIO: Blunt tool of rate hikes will cause corporate casualties
Harries said the ‘fairly blunt tool’ of base rate rises is to blame
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Another major GAM investor opposes Liontrust deal despite £20m loss forecast
This stance aligns the shareholder with NewGAMe and Bruellan
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Gresham House set to be bought by US firm for £469.8m
The offer has been recommended by the Gresham board
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Brooks Macdonald books £100m inflow
Closing FUM of £16.85bn versus £16.79bn at the end of the previous quarter
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UK GDP falls by less than forecast despite extra bank holiday
The economy contracted by 0.1% in May