Montanaro fund lands on adviser buy list
Montanaro UK Income has been promoted to The Adviser Centre’s recommended funds list more than four years since its mandate shifted from pan European equities to UK focussed.
Montanaro UK Income has been promoted to The Adviser Centre’s recommended funds list more than four years since its mandate shifted from pan European equities to UK focussed.
Brewin Dolphin has seen flows into its managed portfolio service (MPS) slow despite announcing earlier this year that it would be cutting costs by between 17% and 27%.
Market volatility in Q1 failed to hit Hargreaves Lansdown assets under administration (AUA), which grew 3.1% over the first four months of the year.
Investors and fund ratings agencies are eyeing Chris St John to determine his ability to run a £3bn fund after delivering top-quartile performance on his much smaller mid-cap fund.
Jupiter Asset Management has appointed Harry Richards and Adam Darling as co-managers of the £143m Jupiter Corporate Bond fund, effective from 1 May.
FE is set to expand its European footprint following a £7.5m investment from private equity firm Hg Capital.
The Trojan Income fund is back at square one as fund manager Mark Wharrier jumps ship to Majedie Asset Management just seven months after he was poached from Blackrock.
Rathbones suffered a 3% fall in funds under management (FUM) during the first quarter of the year, driven by market volatility and higher outflows.
Ongoing trade tensions and mixed equity market sentiment has seen gold ETP inflows spike in April to the highest level since the Brexit referendum in 2016.
Hermes Investment Management has appointed Stephane Michel and Andrew Lennox in a bid to expand its now 26-strong fixed income team in London.
A cryptocurrency and blockchain investment manager has launched a fund of hedge funds for retail investors.
Robotic and artificial intelligence funds have caught headlines with promises to deliver profit as robots take over the world, but professional investors hold mixed views on their role in a diversified portfolio.