Fundsmith stands alone as investors flock to passives
Terry Smith’s equity fund was the only actively-managed strategy in the 10 most-bought Interactive Investor funds
Author: George Angier
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Portfolio Adviser Wealth Partnership Awards 2022
All the action from the 29 November, celebrating excellence across wealth and asset management
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Impax names CFO alongside ‘commendable’ results
CEO’s comments come despite 75% drop in inflows and many funds lagging their benchmarks
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Abrdn re-joins FTSE 100
Revival in the asset manager’s performance saw a swift return to the top flight of UK companies
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Chrysalis slashes manager fees after hefty January pay out
Trust has agreed to lower the overall fee to 12.5% of adjusted NAV above a high-water mark
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Investment manager launches Blackrock-backed MPS
1OAK’s managed portfolio service is available through Quilter, Fidelity, and Novia
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Finsbury Growth and Income recruits former Brewin non-exec
Pars Purewal’s 38-year career also includes a stint on the board at Federated Hermes
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Chrysalis ditches stake in struggling Revolution at nearly 90% loss
In just over a year the value of the investment had plummeted to £5m
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Shares in fintech trust take 30% haircut
Augmentum Fintech trades at a wide discount but NAV held steady during the half
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Pacific plots North American opportunities fund launch
After hiring Chris Fidyk who has been lined up to run the multi-cap strategy
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Downing renewables trust discount widens
The ‘article 9’ trust saw NAV grow 1.5% during the three months to 30 September
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Amati appoints sales director for southeast
Tom Whitfield joins from Sanlam Investments, having also worked at Brewin Dolphin