Fund buyers digest Schroders succession plan for Matthew Dobbs
Fundcalibre and AJ Bell plan to meet with Dobbs’ successor Richard Sennitt to discuss the handover
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Author: Kristen McGachey
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Coronavirus weekly round-up: Apple’s market value hits $2trn while Europe suffers from a rise in Covid-19 cases
Five investors mull the events shaping portfolios over the past week
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Somerset Capital sees profits slashed by a fifth as revenues shrink from Covid hit
But Jacob Rees-Mogg still set for a bumper £800k payday
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Liontrust merges pair of flailing funds as manager Mark Martin exits
Ex-Neptune UK equities head has seen performance spiral with his UK Mid Cap fund down 25% over three years
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Lindsell Train trust lags benchmark after mixed bag of Q2 results
Nintendo sees profits increase fivefold while booze makers Diageo and Heineken fumble
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ASI to shutter significantly underperforming UK Recovery fund
Fund formerly run by Andrew Hunt has lost investors 54% over three years
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Hargreaves Lansdown adds two female non-execs as it continues to beef up governance
Both Andrea Blance and Moni Mannings will join the risk committee
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Andrew Formica loads up on £500k of Jupiter shares
Jupiter boss’ stake in the business now valued at £1.8m
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Crispin Odey’s boutique hatches crisis plan as assault trial draws near
Worst-case scenario would see Odey’s European fund shuttered and retail funds handed to colleagues
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Liontrust’s Phil Milburn: Vaccine will be here by yearend but don’t expect a V-shaped recovery
Strategic Bond manager favours ‘quality’ high yield and TIPS as he braces for more ‘bond negative’ news from the Fed
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Gam adds credit analyst to £4.9bn fixed income mandate
Anthony Giret joins Atlanticomnium which has run the strategy for Gam since 1985
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Hargreaves Lansdown dominates flows as platform industry rakes in £13bn
Net sales soar to the highest level since Q1 2018 despite coronavirus volatility