Fidelity slashes charges on short-dated corporate bond fund
£127m fund has lagged peers in the IA Sterling Strategic Bond sector since launch in November 2016
Author: Kristen McGachey
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Liontrust nabs Momentum’s James Klempster for multi-asset team after assets swell to £7bn
Acquisition of Architas’ UK division added £5.6bn in assets to FTSE 250 fund group
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Weekly outlook: FCA investment pathways go live; Hargreaves, BP and Glaxosmithkline report
The key events for UK wealth managers for the week starting 1 February
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Jupiter to axe up to 90 jobs following turbulent year of outflows and senior exits
Three roles from the fund management department are understood to be at risk
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Schroders trust receives muted reception as it offloads ex-Woodford holdings at 20% discount
Sale is expected to knock an additional 3.2% off NAV
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River and Mercantile’s planned infrastructure ESG launch ‘hitting the right buttons’
‘The combination of ESG and infrastructure is a potentially powerful one’
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Brown Shipley poaches HSBC director for Manchester office
Follows hires of Julius Baer’s Philipp Iarmaltchouk and ex-Gam client director Rupert Cecil earlier this month
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Hargreaves funds recoup a further £65m from Woodford payments in 2020
Multi-manager funds had already received over £300m from first payout last January
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Gam suffers hit to revenues after longstanding client pulls £18bn mandate
Hit to private labelling business comes as it suffers £2.8bn of redemptions in Q4
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Hargreaves multi-manager funds stung by lingering Woodford exposure in second value assessment
Four out of 13 funds ‘need improvement’ and two ‘do not represent value’ on performance criterion, report finds
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Blue Whale Growth draws comparisons to Fundsmith Equity as it bags top rating in FE rebalance
Liontrust and Baillie Gifford dominate highest-rated funds in January rebalance, while ESG funds shine
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ASI reveals Bambos Hambi’s successor on £30bn multi-manager range
Former multi-manager boss left ASI to become Quilter Investors chief executive last June