Government plans EIS tax benefits
The government has sought feedback on four EIS fund models to direct capital into knowledge-intensive companies, arguing the structure is best placed to stimulate investment into the early-stage companies.
Author: Jessica Tasman-Jones
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Business lobby slams Labour and Tory policies
The president of the Confederation of British Industry has slammed the economic policies of both the government and the opposition in a speech to business leaders, arguing renationalisation proposed by Labour ranks alongside a hard Brexit for its damaging impact on the UK.
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‘Free-riding’ passive investors under central bank scrutiny
Passive investors pay scant regard to the fundamentals of individual securities and free-ride on the work of active investors with implications for financial stability, price discovery and index correlation, according to a paper from the Bank of International Settlements.
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Deutsche Bank eyes €1.8bn on asset management IPO
Deutsche Bank has set a price of €7.2bn on its asset management arm, DWS, as it details the price per share for its partial listing on the subsidiary.
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VCT managers beef out tech teams
VCT managers are beefing out their tech teams as the scheme refocuses on earlier stage businesses.
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OMGI outsources Crabb fund to Hong Kong
Old Mutual Global Investors’ decision to outsource management of one its funds to a Hong Kong subsidiary of a Chinese banking giant is a “pragmatic” move that could free up the in-house Asian equities team to focus on their core funds.
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Trump tariffs cast dovish shadow over ECB
Donald Trump’s planned tariffs on aluminum and steel cast a dovish cloud over Thursday’s ECB meeting, although the governing council’s removal of reference to the potential expansion of quantitative easing indicated it is ultimately committed to tightening money policy.
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Funds rebadging as ESG reaches new heights
Asset managers are increasingly repurposing underperforming funds into ESG products to jump on the sustainable investing trend, but an announcement this week from Franklin Templeton Investments has taken the process to new heights as it repositions a global equities fund into a thematic climate change product.
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AJ Bell ditches bonds in multi-asset income strategy
AJ Bell has made the “rare” decision to go bonds-free in the latest addition to its managed portfolio service (MPS) range.
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Baillie Gifford bond fund confronts rates and manager exits
Baillie Gifford bond manager Lesley Dunn has said the team can maintain top-quartile performance despite the exit of two heavyweights from the fixed income team and a rising interest rate environment.
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Blackrock Frontiers calls shareholder vote on investible universe
The board of the £313.3m Blackrock Frontiers Investment Trust has called a general meeting for shareholders to vote on expanding the fund’s investible universe to emerging markets following a spate of country reclassifications in MSCI indices.
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Robeco latest to stub out tobacco investments
Robeco has followed in the footsteps of BNP Paribas Asset Management to divest from tobacco across its fund range.
