Saunders – no such thing as hidden
The IMA’s chief executive, Richard Saunders, has come out against accusations of hidden charges in the funds industry, saying they are a complete myth.
Author: Portfolio Adviser
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investors ditch mutual funds altogether
European investors sought no shelter for their cash in mutual funds in 2011, with outflows for the year totalling 119bn across equity, bond and money market funds.
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vanguard overcomes delays to launch
Vanguard is set to list its first exchange-traded products in Europe following delays with regulators and concerns about market conditions for launch, Portfolio Adviser understands.
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husselbee ready to spend cash on opportunities
John Husselbee is looking to put his cash to work thanks to the positives of the eurozone solvency crisis abating, the US economy growing and a soft landing in China becoming more of a reality.
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barcap offers product aiming for
Barclays Capital has launched a five-year structured product targeting returns of 46.5% without requiring equity growth from the underlying investment.
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renaissance acquires two further
Emerging Europe, Russia and Africa specialist investor Renaissance Asset Managers has acquired two further funds from Griffin Capital Management.
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how healthy is the wealth manager model
Barclays is looking to expand its business in the sector, Brewin Dolphin has beefed up its London office, and Quilter has pledged not to make any job cuts or office closures. From where we’re sitting it all sounds fairly positive in the world of wealth management.
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Brewin Dolphin makes cuts in
Brewin Dolphin has laid off five people from its Aberdeen office just days after announcing four senior hires for its London premises and following the opening of a new office in Bristol.
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Morgan Stanley reissues most
Morgan Stanley has launched new issues of its FTSE Booster and FTSE Protected Growth Plans, making the latter its longest-ever running plan, now its 46th tranche.
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energy reforms positive for nigerian growth
Charles Robertson looks at three key energy reforms that, alongside increased bank lending, will push Nigerian GDP growth into double digits in 2012.
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aviva expands and relabels multi-asset fund range
Aviva Investors has announced the launch of two new multi-asset funds, adding to its existing range of three amid a move to rebrand them.
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nervous investors still prefer cash
Investors remain nervous of equities, bonds and property and have shown a preference for cash and money markets for the first half of 2012, despite a relatively strong start to the year for global markets.