Why Ben Goldsmith is downplaying his fund’s three-year milestone
Ben Goldsmith would prefer investors wait until next year to assess performance on his thematic investment trust, Menhaden Capital, despite it reaching its three-year milestone in several weeks’ time.
SLI Gars hits back at ‘sniping’ media in performance update
Standard Life Investment’s Global Absolute Return Strategy (Gars) has admitted prepping too early for the end of the cycle and vented about the level of media attention on its multi-billion pound outflows.
Hedge funders launch robo adviser for Isa investors
Negativity around robo and investment technology a few years ago prompted former hedge fund executives Ian Cadby and Jonathan Wauton to get into the online wealth management space, culminating in the launch of platform Tiller on Monday.
John Laing Infrastructure takeover reduces investor choice
A takeover bid for the John Laing Infrastructure investment trust is set to reduce choice for investors in the closed-ended subsector.
Government’s NHS boost could hit investment trusts
Investment trusts could be hit if the government reverses UK corporate tax cuts scheduled for 2020 to fund extra spending on the National Health Service (NHS).
Tensions simmer over definition of impact investing
Impact investing, as a dedicated niche of sustainable investing, is under threat by greenwashing from mainstream asset managers, specialists warn.
UK political shake-up sees gold investments jump
The resignation of Brexit secretary David Davis followed swiftly by foreign secretary Boris Johnson saw a 237% jump in people purchasing physical gold on Monday compared with an average day, investment firm The Pure Gold Company has said.
Jupiter Merlin brings ‘punchy’ fund to UK investors
Jupiter Merlin is launching a version of its Real Return portfolio for UK investors, which has been called “quite punchy” for its hefty equity fund weighting despite having an absolute return bias.