Henderson cuts fee on Bennett European trust
The board of John Bennett’s Henderson European Focus Trust has struck an agreement to reduce the fund’s fees.
The board of John Bennett’s Henderson European Focus Trust has struck an agreement to reduce the fund’s fees.
Giles Hargreave’s latest vehicle, the Marlborough Nano-cap Growth Fund, has soft closed to new investors after it raised almost £90m during its two-week launch period.
Investors in Luxembourg and UK domiciled funds pay some of the highest ongoing fund charges in Europe, according to research from Morningstar Denmark.
Virginie Maisonneuve has decided to leave Schroders to join Pimco.
The Financial Conduct Authority (FCA) has launched a thematic review into asset management as the industry reaches a “crossroad”.
Sentiment towards European equities has reached a six-year high, according to the Bank of America Merrill Lynch Fund Manager Survey for October.
Alliance Trust Savings has added 14 fund managers to its investment platform, growing the number of clean share class funds to more than 2,000 ahead of its target.
Miton Group is set to introduce a new share-based incentive plan aimed at attracting and holding on to its top talent.
Brooks Macdonald Fundshas broadened its managed portfolio service (MPS) with the launch of the actively-managed IFSL Strategic Growth fund.
Majedie Asset Management has shuffled its fund manager line up to allow Chris Reid to focus on the Majedie UK Income fund.
UK All Companies fund sales surged in June, boosting the sector from the 35th to the fourth most bought between May and June as investors poured into UK equities.
The Schroder Real Estate Investment Trust (SREIT) had an unaudited NAV of £157.8m as of 30 June, a fall of 1.7% compared with its NAV as of 31 March, according to its interim statement.