Vanguard targets Europe with first active ETF range
Vanguard has launched its first range of active ETFs as it seeks to extend its presence in Europe into active funds.
Vanguard has launched its first range of active ETFs as it seeks to extend its presence in Europe into active funds.
Two things are clear from the FCA’s latest thematic review of the suitability of wealth manager portfolios, the first is that the industry still has a lot of work to do, the second is that a more nuanced approach to what determines suitability may well be needed.
Angus Tulloch has taken pole position in the second, annual Tilney Bestinvest Top 100 Fund Managers report, knocking Giles Hargreave off the top spot.
One third of UK wealth managers’ suitability reports currently fall short of the Financial Conduct Authority’s expected standards, the regulatory body said on Wednesday.
Morningstar has downgraded the First State Global Listed Infrastructure and First State Global Listed Infrastructure I funds from silver to bronze.
Shares in Anglo American fell more than 8.5% in morning trade on news it will scrap its dividend and ‘radically’ restructure its business.
Rathbones has hired ex-Ashcourt Rowan Financial Planning head, Gaius Jones as head of financial planning.
The Eurozone has been a major beneficiary of the shift in terms of trade between energy producers and consumers.
Invesco Perpetual has announced the promotion of Oliver Collin and Matthew Perowne to fund managers within its European equities team.
I am out of ideas. Over the past few weeks a growing sense of déjà vu has crept into everything I have tried to write.
Investors remain structurally positioned for the humiliation of China and hubris in California, Bank of America Merrill Lynch argues in its latest Flow Show note.
ECB President Mario Draghi disappointed markets on Thursday. While the Bank delivered a 10 basis point cut to the deposit rate to an historic -0.3%, and extended the deadline of its asset purchase programme by six months, it kept the main refinancing and marginal lending rates steady at 5 and 30 basis points respectively.