High Court shuts UK car park investment companies
More than £25m was funnelled into schemes which used ‘misleading sales tactics’
More than £25m was funnelled into schemes which used ‘misleading sales tactics’
Climate rating tool rates BNP Paribas, La Banque Postale and Mirova among top 10 globally
Find out who won and who was in attendance at PA’s 12th annual Fund Awards
Nearly two thirds of investment industry leaders privately educated
Worst monthly flow performance since June 2013
The Financial Services Compensation Scheme (FSCS), which helps consumers when authorised financial services firms fail, is battling to recover money paid out to investors in a fund that went into liquidation but has since resumed making distributions.
While funds invested in oil and gas companies dominated the lists of the best-performing funds in the second quarter, those investing in Latin America found themselves at the bottom of the table.
M&G has announced that it will be losing one of its key emerging markets managers, Matthew Vaight.
The asset management industry could be looking for more than 400 new directors, but are the skills there or will the directorships be filled by a select few?
The Financial Conduct Authority’s (FCA) action to make asset managers stump up £34m in compensation for “closet trackers” initially seemed like a win for investors, but the regulator has refused to name companies involved, even though one is facing an enforcement investigation.
The Financial Conduct Authority (FCA) has ordered asset managers to pay investors £34m in compensation after overcharging for “closet tracker” funds, in a move described as “hugely positive” for investors.
Canaccord Genuity Wealth Management’s fund expert and investment manager, Patrick Thomas, picks his top funds for handling the return of volatility.