Author: Kristen McGachey

  • Aberdeen Standard launches ‘impact’ fund

    Aberdeen Standard launches ‘impact’ fund

    Aberdeen Standard Investments has teamed up with the social investment arm of The Big Issue to launch a UK impact fund, focused on sustainable employment opportunities.

  • Mixed fortunes for FTSE 100 income favourites

    Mixed fortunes for FTSE 100 income favourites

    Markets were non-plussed by equity income favourites, Vodafone, Unilever and Royal Dutch Shell, on Thursday despite the latter two producing a decent set of final results.

  • LGT Vestra slices Woodford and Trojan in UK equity cull

    LGT Vestra slices Woodford and Trojan in UK equity cull

    LGT Vestra has sliced its holding in major UK equity funds, including Neil Woodford’s flagship equity income fund, across its core managed portfolio service strategies as it moves away from UK equities.

  • Incoming Janus Henderson duo to head Schroders UK Alpha fund

    Incoming Janus Henderson duo to head Schroders UK Alpha fund

    Schroders has handed incoming ex-Janus Henderson managers, Nick Kissack and Bill Casey, the reins of the Schroder UK Alpha Plus fund.

  • Vix hits five-month high amid overnight sell-off

    Vix hits five-month high amid overnight sell-off

    The Volatility Index (Vix) has risen to its highest level since August, following a frenetic overnight sell-off in the bond and stock markets.

  • Informa clinches £3.8bn takeover of UBM

    Informa clinches £3.8bn takeover of UBM

    Informa has struck a deal to acquire UBM for £3.8bn, forming a business to business (B2B) publishing giant.

  • Unicorn adds assistant fund managers to key funds

    Unicorn adds assistant fund managers to key funds

    Unicorn Asset Management has promoted Alex Game and Max Ormiston to assistant fund managers to support two of its key UK equity funds.

  • Neptune: Stocks ‘less risky’ than bonds in the long term

    Neptune: Stocks ‘less risky’ than bonds in the long term

    Pensioners who believe the popular opinion that stocks are riskier than bonds overall risk “under-funding their retirement”, James Dowey, Neptune’s CIO and chief economist, has warned.

  • SJP’s FUM soars to £90.7bn as Brewin’s hits £42bn

    SJP’s FUM soars to £90.7bn as Brewin’s hits £42bn

    St James’s Place’s market dominance showed no signs of letting up, as it grew funds under management (FUM) by 20% to £90.7bn in 2017. Meanwhile, Brewin Dolphin reported “positive momentum” in the first quarter.

  • Neptune’s Geffen reveals his ‘worst investment ever’

    Neptune’s Geffen reveals his ‘worst investment ever’

    Neptune chief executive Robin Geffen is incredibly concerned by the current glut of “complicated” funds that lack portfolio transparency, saying they remind him of the “worst investment” he ever made.

  • Brooks Macdonald approaches £12bn in FUM

    Brooks Macdonald approaches £12bn in FUM

    Brooks Macdonald’s total funds under management neared a record £12bn off the back of “good portfolio performance” and a pickup in new business.

  • Hidden fees leave more questions than answers

    Hidden fees leave more questions than answers

    While the transaction costs uncovered by Mifid II and spotlighted by the Lang Cat’s analysis on 20 of the most influential UK retail funds have revealed the industry’s lack of transparency, they have also generated more questions without obvious answers.