Equity income holds firm in the face of Woodford
Low rates, fund launches and the inexorable drive for yield have focused investor attention on income funds, but do they stand up to the scrutiny?
Low rates, fund launches and the inexorable drive for yield have focused investor attention on income funds, but do they stand up to the scrutiny?
According to BlackRocks Desmond Cheung, while farming is one of the oldest industries in human history, it is rejuvenating and presents a number of opportunities.
European Wealth announced on Monday it has hired Jeff Hodgetts as an investment manager.
GLG has hired Rory Powe as a portfolio manager within its European equity team.
Keith Speck has taken a sales role at Argonaut Capital Partners
According to a number of US fund managers, the re-emergence of US industry could provide US equities with a long lasting tailwind.
According to Numis Securities, while the post RDR-world makes an adviser uneconomic for many, long term structural changes are likely to benefit the retail-focused parts of the wealth management industry.
According to the Investment Management Association, the UK equity income sector saw their highest sales since it began keeping records in 1992.
The wealth manager saw a 215% jump in pre-tax profits as redundancy costs fell and discretionary AUM rose.
Morningstar OBSR has placed the value fund under review following the announcement last week that the funds manager will retire at the end of June.
Fidelity Worldwide Investments has cut the costs of its equity range of index products in an effort to become the dominant player in the space.
With investors on the lookout for any signs that valuations wont be backed by earnings corporates cannot be seen to be underperforming.