Tilney Bestinvest’s Gareth Lewis advocates a cautious approach in the wake of Brexit and the continuing low interest rates and quantitative easing climate, with investment in gold proving a successful option.
The BNP Paribas multi-asset team tactic, in the current febrile environment, is to tread carefully in its search for alpha and let the fallout from Brexit, modest global growth and doubts over monetary policy play out.
Ben Lofthouse, fund manager of Henderson International Income Trust, said aggregate dividend growth may be constrained by the weakness of the resources sector in 2016, but he is still optimistic elsewhere.
Defensive assets continued to lead in October, according to the latest data from FundsNetwork
Chancellor George Osborne showed a steely determination to tackle some of the cosier aspects of the lives of the wealthy in this year’s Autumn statement. Tax evasion, capital gains tax and second homes came under scrutiny in an otherwise relatively benign budget.
The upward revision to US GDP data may not suggest real strength in the US economy, but it cements the case for a December rate rise, argue fund managers.
Two-fifths of UK wealth managers believe robo-advice offers the potential for greater efficiency and to attract new clients in the next five years, according to a survey from Vanguard.
It has taken some time, but it appears that the Argentine electorate may finally be tiring of socialism.
The UK market saw net outflows of €1.7bn in October, according to the latest European fund flow trends data from Lipper, the highest of any single European fund market.
ETF provider Source has appointed Legal & General Investment Management as manager for a new physical fund platform, Source Markets II Plc.
JP Morgan Asset Management is to liquidate its Fusion Funds multi-manager range, after it failed to raise sufficient assets.
City Financial has put the future of its Defensive Global Bond fund under review following the departure of the group’s head of fixed income Graham Glass.
