Gresham House Strategic NAV overstated by £1.3m since July
Gresham House Strategic board claims ex-manager owes £0.3m after failing to account for £1.6m tax provision
Author: Kristen McGachey
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Alexandra Jackson’s UK opportunities fund bags Fundcalibre Elite rating
Schroders British Opportunities trust among seven funds to land top rating
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Waverton hires business development manager for Scotland and Northern Ireland push
DFM laid down roots in the region after acquiring Cornerstone Asset Management in April
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Fidelity hires for newly created role in private assets push
Fund group poached a team from digital bank MeDirect to launch its own private asset arm this year
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Newton poaches Ninety One’s global sustainable boss
Appointment comes months after Andrew Parry’s exit to JOHCM was announced
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Polar Capital buoyed by ‘sustainable’ EM and healthcare funds as clients ditch tech
Polar Global Technology hit by £413m in redemptions after being one of 2020’s biggest winners
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Mike Riddell: ‘We don’t believe in this new higher inflation regime’
Allianz Strategic Bond manager more worried about stagflation risk as markets underestimate ‘double whammy shock’ from China and the energy crisis
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SJP swaps Blackrock for State Street as it takes £14bn global equity fund green
Fund to swap benchmark, have higher proportion of actively managed assets and target lower carbon footprint
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Artemis swipes Fidelity’s Paras Anand after CIO exits
Matthew Beesley has defected to Jupiter
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Schroders trust rebalances away from Woodford portfolio with third fresh private holding
Woodford Patient Capital Trust was handed to Schroders almost two years ago
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Atlantic House swipes Merian manager for investment team
Mark Greenwood’s hedge fund was shuttered ahead of Jupiter takeover
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Nick Train bemoans Unilever’s ‘crushingly pedestrian’ returns in month where Tesla goes gangbusters
Consumer goods giant’s shares are down 11% year to date as investors grow tired of its steady plodding