Irish regulator follows FCA’s lead by keeping mum on closet trackers
More than 180 funds fell under Esma’s definition of a closet tracker
More than 180 funds fell under Esma’s definition of a closet tracker
Investors pull £150m from Income Focus – in line with outflows from much bigger funds
Maturities shorter than four years to dominate fund co-managed by new HY head
Schroders and RLAM among the long duration bond funds dominating performance tables
Passives giant barely beats Blackrock out of the blocks with cash product
Brexit is a chance for the regulator to examine rules versus outcomes
Closed-ended fund with 83% in UK equities wants to remain in global sector
‘This is one of those unintended consequences of discounted share classes’
Joint review with the FCA launched into open-ended funds as ETFs let off the hook
Energy Storage fund inches closer to the £200m it targeted at launch
8.3% discount is still narrower than rival trusts from Genesis and Aberdeen
D2C platforms welcome the chance to take on dissatisfied HL clients