Corporate bond funds the most consistent performers – BMO GAM
Retail funds are still struggling to deliver consistent top-quartile returns but IA Corporate Bond is doing a better job than most, according to BMO Global Asset Management.
Author: Sam Shaw
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Woodford expects healthcare boost after Trump win
Neil Woodford expects returns from the bullish healthcare allocation in his three funds could now pick up following today’s win for Donald Trump.
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Fund managers’ top Trump reactions
Active fund managers are largely sanguine but braced for volatility over the coming weeks.
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Wealth managers sit tight as election dip underwhelms
Healthcare and defence were the immediate winners at sector level following Donald Trump’s controversial victory as the outsider Republican candidate was named President elect of the United States.
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Miton’s Chimes to join Liontrust
Liontrust has hired Miton’s Ian Chimes as head of global distribution, reporting to chief executive John Ions.
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Ex-BlackRock man Lyttleton pleads guilty to insider trading
Mark Lyttleton, a former fund manager at BlackRock, has today pleaded guilty to two counts of insider trading and will be sentenced on 21 December, the Financial Conduct Authority has confirmed.
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Persimmon building confidence after post-Brexit pain
Persimmon is showing signs of recovery following its immediate pain following the EU Referendum vote as reported in its Q3 trading update.
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Equity income trust discounts at widest in five years
Many investment trusts in the UK Equity Income sector have reached their widest discounts in more than five years, according to brokerage and investment banking firm Stifel as a significant derating is taking place.
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US investors turn to gold as US election looms
New US investors in gold increased by 81% over the month of October as the price of bullion fell to its lowest level since April at $1266 per ounce.
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Ex-Schroders Smid star Banyard joins firm behind ‘Buffettology’
Former Schroders small and mid-cap fund manager Rosemary Banyard has resurfaced at Sanford DeLand Asset Management (SDL) where she will work alongside the team running the £58.1m ‘Buffettology’ fund.
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CFA Institute paper calls for ‘purpose-driven culture’ in investment industry
A new research paper is calling on the investment industry to shift from a performance-driven culture to one that is purpose-driven, to ensure better alignment of its interests with those of clients.
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Top fund groups see first AUM fall since 2011
Assets managed by the world’s largest fund managers have declined across all major regions for the first time since 2011, suffering due to the challenging investment landscape and currency fluctuations.
