Franklin Templeton and Matthews Asia funds lose Square Mile ratings
While strategies run by Harry Nimmo and Richard Colwell are downgraded/suspended ahead of their retirements
While strategies run by Harry Nimmo and Richard Colwell are downgraded/suspended ahead of their retirements
The fund will begin trading on 1 November
Global equity category has fallen on hard times with even sector darlings Fundsmith Equity and Lindsell Train Global Equity down on their luck
JP Morgan Asset Management will join Artemis and Redwheel on the roster of multi-managers
Dividend-hungry investors are turning to global equity income, sparking something of a renaissance for the unloved sector
With two Cohen & Steers funds and a pair of T Rowe Price strategies also getting a nod
£580m fund was also recently named and shamed in Bestinvest’s Spot the Dog report
But UK gilts have sold off sharply in recent weeks over fears energy crisis will drive inflation higher
Jitters around cost-of-living crisis and global instability have seen investors pull £4.6bn from UK funds in June and July
Ruffer Diversified Return has attracted £1.3bn in assets since launching last September
Clear preference for trackers in Global, UK All Companies and Sterling Corporate Bond sectors
Emerging market funds, particularly Latam, dominate last month’s winners