Fundsmith handed clean sheet after section 166 review
Terry Smith’s boutique has been given recommendations but will not need to take further action
Author: Kristen McGachey
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Investment companies raise £4bn in ‘challenging’ H1
Renewable Energy Infrastructure leads the pack for secondary fundraisings, though IPOs stall
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BNP Paribas AM bolsters UK sales team with SSGA and Newton hires
Simon Mooney to head up its UK consultant relations team
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Chrysalis puts a pin in share buybacks as discount slumps to 55%
Co-managers Williamson and Watts to redouble their efforts on existing holdings, 60% which have yet to break even
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SVM UK equity fund retains top rating after Assetco deal
But fund belonging to subsidiary R&M run by Hugh Sergeant loses accolade
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Columbia Threadneedle completes rebrand of BMO Gam investment trusts
Half of its closed-ended funds will adopt the ‘CT’ prefix from 4 July
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Newton rejigs multi-asset team as Rob Stewart retires
Leadership role carved out for BNY Mellon Multi-Asset Income lead Paul Flood
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Nutmeg CEO exits one year after JP Morgan takeover
Neil Alexander is ‘taking a break’, according to his Linkedin profile
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Are Scottish Mortgage’s unquoted valuations ‘detached from reality’?
Unlisted holdings have not been written down to the same extent as listed stocks, giving rise to concerns of a disconnect
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Alternatives trusts show up ‘traditional’ rivals to drive record £5.5bn dividends
£3.7bn in payouts from unconventional trusts is double that of their equity counterparts
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Capital Group eyes move to bigger and greener London HQ
The premises in Paddington Square will support plans to increase headcount in the next 10 years
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Polar Capital profits dive 18% after tech sell-off bites
Technology-focused strategies see a reversal in fortunes as investors pull £1.3bn