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Fund raising for investment trusts deteriorated in June as market conditions made IPOs tough.
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The Select Committee could inadvertently restrict the range of products available to UK investors.
Treasury Select Committee’s RDR report due out at midnight tonight.
Four managers have consistently held a AAA rating by OBSR for the past decade.
Committee wants less of a cliff-edge deadline for qualifications, preferring a more sloped approach
Three of four new absolute return funds lost money in their opening quarter, Thames River reports.
US-based Manning & Napier will manage GAM’s latest fund offering, a developed markets portfolio.
European regulator consults on the alternative investment directive that could up fund charges.
Not all AR funds can achieve positive returns while some mainstream funds prove they can.
Fitch warns of mis-selling risks in absolute return funds and the potential for style drift.
Non-US financial institutions will have more time to comply with FATCA than originally thought.
Brooks Macdonald is extending its business by targeting the IFA market with seven new funds.
