UK equities lead the charge
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.
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.
With equities surging ahead in the first half of this year, recent volatility has meant inevitable talk of a correction with investors wanting to protect their gains.
The manager of Smith & Williamson's European Growth Trust, Mark Pignatelli, is to retire from fund management and he will leave the group at the end of the year.
Richard Watts Manager of the Old Mutual UK Mid Cap Fund takes a look at what has changed in the UK equities market in the recent past.
M&G bond fund Optimal Income has the highest number of European fund of fund (FoF) investors at 180, Lipper’s latest FoF holdings report reads.
Global fund managers may be largely positive on the state of the world economy but their sentiment towards China is worsening, according to the latest BofA Merrill Lunch Fund Manager survey.
European funds are the best performers over 20 years, FE data shows, yet six times in the past 10 years Europe has been the worst selling retail sector, according to IMA statistics.
Despite recent market volatility, there has been little change in macroeconomic indicators with the broad trend remaining one of gentle improvement in the US, Japan and the UK, while activity in most emerging economies is slowing.
Nicholas Melhuish has been hired as head of global equity at Amundi as part of the firm’s drive to further develop its capabilities in the sector.
Smith and Williamson has changed the name and objective of its Far Eastern Growth Trust to increase its appeal to income-seeking investors.
Private investors can expect lower dividends in 2013 than they received last year as big special dividends come to an end and investor market share drops from 11.3% to 11%.
Anu Narula is to head up the Mirabaud equities team, taking on a new role introduced as part of the development of the bank’s asset management division.