Old Mutual shareholders green light managed separation
Old Mutual shareholders have voted in favour of the company’s much-heralded managed separation at a meeting in London.
Author: Jessica Tasman-Jones
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Terry Smith’s sustainable fund outperforms flagship
Terry Smith’s Fundsmith Sustainable Equity shows early signs of outperforming his flagship fund, which does not adopt environmental, sustainable or governance (ESG) screens.
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SJP dumps Stuart Mitchell after 11 years
St James’s Place has dumped Stuart Mitchell as manager on two European equity funds, as it announces a raft of changes to its sub-advised funds.
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Nine fund selectors on the track record they seek before investing
Three-years’ track record is an important milestone in the asset management industry, but do investors stick to such hard and fast rules when it comes to assessing a fund?
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Blackrock trust offers investors swift exit
Investors in the Blackrock Emerging Europe investment trust will be able to exit at the net asset value, a regulatory filing published on Wednesday said.
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Martin Currie loses Tom Walker to retirement
Martin Currie has poached from Blackrock as it confirms equities jack of all trades Tom Walker will retire from the business.
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Cazenove poaches from family office
Cazenove Capital has poached Ahmet Feridun from multi family office business Stonehage Fleming.
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Evy Hambro hit by downgrade on gold funds
Star fund manager Evy Hambro has been accused of failing to capitalise on rising markets as two of his gold funds are downgraded by Morningstar.
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Newton raids Blackrock for flagship £15bn fund
Newton Investment Management has poached Andy Warwick from Blackrock as it expands its flagship multi-asset fund.
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Invesco trust chair faces removal over fees fallout
The board of the Invesco Perpetual Enhanced Income investment trust is facing a showdown with shareholders over its fall out with the asset manager over fees, which could see the chairman and another director ousted from their roles.
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Investors pile into Vanguard ETF despite launch of cheaper rival
European investors have piled into a Vanguard ETF tracking the S&P 500, despite the launch of a cheaper rival tracking US large-cap companies.
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Charles Stanley Direct ditches Woodford from buy list
Charles Stanley Direct has booted Woodford Equity Income from its preferred funds list on concerns about its exposure to early stage companies.
