Why Aviva’s target return fund missed target
While the AIMS Target Return Fund has delivered its volatility pledge, barely budging in reaction to China growth fears in 2015 and 2016, or to Brexit and the election of Donald Trump as president of the US, it has missed its return target by a significant amount.
Brewin breaks with DFMs to defend ‘agent as client’
Brewin Dolphin is one of the few discretionary fund managers to put its head above the parapet and defend its use of the agent as client relationship with advisers, which has recently come under fire.
Why professionals aren’t jumping on the robotic ETFs trend
Robotic and artificial intelligence funds have caught headlines with promises to deliver profit as robots take over the world, but professional investors hold mixed views on their role in a diversified portfolio.
Quilter raids industry ahead of multi-asset rebrand
Quilter’s multi-asset business has raided rival asset managers for senior management hires, as it rebrands to Quilter Investors under the Old Mutual managed separation in which the group’s single and multi-asset strategies have been split.
FCA’s Bailey tackles decumulation ahead of retirement report
Financial Conduct Authority chief executive Andrew Bailey has listed the growth of decumulation products as a key issue for the regulator as it prepares to launch its retirement outcomes review.