The board of Invesco Perpetual Enhanced Income has said it has been vindicated in its spat with the asset manager over fees as it has found alternative options to run the investment trust at a much lower price.
Rob Drijkoningen took his whole team with him from ING Investment Management to Neuberger five years ago and he still finds the entrepreneurial culture of his employers to be empowering.
Vanguard has claimed its latest fixed income product is the first corporate bond ETF with a 1-3 year benchmark.
The board of the Invesco Perpetual Enhanced Income investment trust is facing a showdown with shareholders over its fall out with the asset manager over fees, which could see the chairman and another director ousted from their roles.
Emerging market fundamentals remain robust in the opinion of many European fund buyers who say a market correction has increased the appeal of the asset class, according to Last Word Research.
Liontrust’s John Husselbee believes that the majority of active emerging market debt funds are too immature to invest in now, but hinted he will switch from passive to active funds in the sector at some point.
Newton Investment Management has launched a rival fund to the limited selection of ethical options in the Sterling Strategic Bond sector.
Old Mutual Global Investors CEO Richard Buxton has denied staff exits, lacklustre performance and pressure to cut costs ahead of the single strategy spinout signal a shift in focus away from fixed income when the firm launches mid-year.
Jupiter Asset Management has appointed Harry Richards and Adam Darling as co-managers of the £143m Jupiter Corporate Bond fund, effective from 1 May.
Neptune Investment Management has nabbed industry heavyweight Theodora Zemek for a newly-created senior fixed income role after a number of fund manager exits over the last two years.
Emerging market debt has been attracting robust inflows but as the US dollar strengthens, monetary policy tightens and volatility rises can the asset class retain its appeal?
Ongoing trade tensions and mixed equity market sentiment has seen gold ETP inflows spike in April to the highest level since the Brexit referendum in 2016.
