Schroders funds downgraded due to fees
Two Schroder equity funds managed by Jenny Jones have been downgraded due to high fees.
Author: Sonia Rach
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Advisers ditch plans to shrink active allocations
Financial advisers have backtracked on plans to decrease their active exposure, instead marginally increasing allocations, according to a survey by Natixis Investment Managers.
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Vitality funds for healthy investors labelled a gimmick
Vitality’s attempt to link fund fees to investor’s participation in healthy activities have been labelled a gimmick by the industry.
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Machines to help run Blackrock equity range
Blackrock has launched six active equity funds in Europe that will combine “human and machine” management.
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Buxton’s single strategy sale approved
Quilter has received regulatory approval for the sale of Richard Buxton’s £27.5bn single strategy funds business as the wealth management business sets an indicative price range for its float later this month.
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Italian fiscal policy could see more hawkish ECB
Italian expansionary fiscal policy is more likely to inform European Central Bank policy than political threats to financial stability, with some investors raising concerns the central bank could soon switch to a more hawkish tone.
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JPMAM poaches from Vanguard for ETF expansion
JP Morgan Asset Management (JPMAM) has nabbed a capital markets specialist from Vanguard Asset Management as it makes six appointments to its international ETFs business.
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Invesco forges adviser links with Intelliflo deal
Invesco has entered a direct relationship with advisers with the purchase of back-office software provider Intelliflo for an undisclosed sum.
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Netwealth appoints two shareholders to board
Wealth manager Netwealth Investments has appointed two of its shareholders, Edward Bonham Carter and Merryn Somerset Webb, as non-executive directors.
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RBS share sale a boon for recovery investors
The government’s decision to sell 7.7% of its shares in Royal Bank of Scotland (RBS) will give the beleaguered bank’s financial health a much-needed vote of confidence which should sit well with recovery investors, according to analysts.
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Schroders manager exits for new career
Schroders fund manager Steve Cordell is leaving the asset management industry two months after he was dropped as manager on the European Opportunities fund.
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Managers position for weak US dollar
Investment managers are positioned for long-term weakness in the US dollar, sticking by emerging markets, despite recent strength in the currency.
