M&G to close £565m UK property fund
Sector has been hit with waves of redemptions in recent years
Author: Christian Mayes
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Stifel analysts warn of ‘breakdown’ between Hipgnosis board and manager as trust launches strategic review
Ahead of looming continuation vote
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‘Narrative-ruining’ inflation print stays at 6.7% in September
UK CPI is ‘trapped between the push and pull of prices at the pump and those on supermarket shelves’, warn experts
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Abrdn proposes merger of Smaller Companies and Shires Income investment trusts
ASCI’s average discount over the last 12 months stands at 13.2%
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UK wage growth rises above inflation for first time since October 2021
7.8% increase between June and August
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AVI urges Hipgnosis shareholders to vote against ‘truly dreadful’ proposed portfolio sale
And will vote against continuation at 26 October AGM and EGM
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Defaqto names Timeline Classic – 50 as most recommended MPS by advisers
While Brewin Dolphin, Brooks Macdonald and Quilter products make the top 10
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Canada Life to shutter UK property fund after wave of redemptions
AUM has fallen to approximately £102m from £254m, leaving it ‘no longer commercially viable’
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Hipgnosis Songs scraps dividend after hit to expected royalty payments
Retroactive payments plummeted 54% to $9.9m (£8.1m) following an industry-wide decision by US Copyright Royalty Board
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Woodford investors granted single vote on Link redress scheme
No separate vote for retail and institutional investors
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FCA to review AIFMD rules and retail fund regulation
Chair Ashley Alder addressed feedback on regulator’s discussion paper for updating and improving the UK asset management sector
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Square Mile: Advisers eye income funds over capital accumulation
Legal & General most searched passives provider, according to fund research firm’s market intelligence report for Q3
