Royal London closes top-performing Global Equity Select fund
The $360m fund gained much interest from investors since launch, but seeks to ‘maintain the integrity of its investment process’ by closing off new inflows
The $360m fund gained much interest from investors since launch, but seeks to ‘maintain the integrity of its investment process’ by closing off new inflows
A look at five funds in a tech-heavy sector that tends to shine when growth is in favour but struggle when value is the mode
Rising equity markets pushed the value of mutual funds up by $10.7trn
67.5% said reducing risk through diversification was their main motivation for the move
The firm is blending several of its existing strategies to create three new funds investing in US equities
Special dividends fell by more than three quarters in 2023, but bank payouts ‘more than offset cuts’
Value funds are within the top 10% of all IA portfolios on alpha, volatility and performance, overtaking the previous growth winners
Investors dropped cash allocations from 11% to 8.9% last year as confidence in equity markets improves, says Interactive Investor
Finsbury Growth and Income underperformed for the third year running
Aegon Diversified Monthly Income took the top spot for the most-searched fund
Researchers narrowed down the universe of over 400 trusts
AI could make half of all business models redundant within 10 years