More fund managers lose faith in global recovery
Fund managers are continuing to lose faith in the global economy recovery story, according to BoA ML
Author: Portfolio Adviser
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London & Capital: IFAs will be caught out by DFM changes
London & Capital’s Richard Leigh says the smaller IFA “will be caught out” by DFM changes.
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Axa IM launches global credit bond fund
Axa Investment Managers has launched a bond fund which will invest in global credit opportunities.
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GAM moves Star fund in-house; rings changes elsewhere
GAM has proposed a number of different changes to sub-funds in the GAM Star Fund range.
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SVM warns of liquidity trap as activists take over UK Active
SVM AM is encouraging shareholders in its UK Active trust to reinvest in the firm’s UK Growth Fund.
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Inflation surges ahead yet again as CPI hits 4.5%
Consumer price inflation rose from 4% in March to 4.5% in April, according to the ONS.
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Commodities rout continues as investors pull $2bn in a week
Commodities funds have been hit by a second successive week of record outflows.
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Aviva Investors unveils US equity income fund
Aviva Investors is to launch a US equity income fund for UK investors.
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First State plans multi-asset, multi-manager proposition for UK
FSI is planning to bring a multi-asset and multi-manager proposition to the UK and Europe.
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Jupiter appoints pair to Chatfeild-Roberts’ Merlin term
Jupiter AM has hired Amanda Sillars and moved David Lewis across from its private clients team.
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Apollo expands and repositions multi-asset range
Apollo Multi-Asset Management has launched two multi-asset funds.
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Charles Stanley snaps up Midlands IFA firm for £2.25m
Charles Stanley has acquired Birmingham-based adviser firm Jobson James Financial Services.
