Blue Whale goes on hiring spree after growth fund triples in size
Stephen Yiu’s fund has returned 26% this year but has underperformed peers more recently
Author: Kristen McGachey
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Freddie Lait: Fund managers have become hyper-focussed on ‘quality growth’
Video: Latitude Investment Management CIO on why cyclical businesses are being given an unfair shake
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Gam poaches another Blackrock alumnus to spearhead equity team
Matt Williams joins months after Swiss manager nabs Blackrock UK retail boss Jeremy Roberts
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Weekly outlook: ECB could extend €1.4trn recovery fund; UK retail sales data; Ashtead and Marston’s report
The key events for UK wealth managers for the week starting 7 December
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Columbia Threadneedle axes former absolute return giant
Peaking at £1bn before the Brexit vote Threadneedle UK Absolute Alpha is now sub £100m
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AJ Bell vows to invest in tech after November meltdown
News comes as FTSE 250 firm raises cap on shares custody charge for D2C customers
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The November rally’s top-10 performers: Ex-Alastair Mundy funds rocket up leaderboards
Flurry of positive vaccine news sees out of favour UK and cyclical stocks deliver double digit gains
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Invesco decides fate of last remaining UK equity income trust
Invesco Income & Growth trades on a 14% discount compared to the IT UK Equity Income average of -1.3%
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Link dangles £100m before trapped Woodford investors as Acacia sale wraps up
ACD expects to sell remaining assets to Acacia in the next few days and no later than 31 December
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WH Ireland pounces on £400m DFM after returning to profitability
M&G and Polygon Partners commit to purchasing 6 million shares in £5.3m placing to fund Aim-listed manager’s acquisition
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Fraudsters use Covid crisis to dupe retail investors out of £10m
Investment Association reports the number of incidents involving clone firms has quadrupled
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Coronavirus weekly round-up: UK debt nears £400bn and US cases spike in Thanksgiving run-up
Six investors mull the events shaping portfolios over the past week