Another Woodford darling collapses into administration
Investors still trapped in LF Equity Income are not affected, however, as the stake was sold in 2020
Investment
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Weekly outlook: Scottish Mortgage and Gresham’s Grid host AGMs
Key events for UK wealth managers for the week starting 27 June
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Mike Kerley named deputy manager of The Bankers Investment Trust
He will support Andrew Crooke who has managed it exclusively since 2003
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Rockwood Strategic plots LSE listing after strong year
Main market move would help improve investment company’s tax efficiency
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Morningstar pulls trigger early and boots two funds from II’s ethical buy list
A review wasn’t due until Q4 but torrid market conditions pushed it to move sooner
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River and Mercantile launches Quilter Investors-backed sustainable equity funds
Freshly promoted head of equities James Sym and portfolio manager William Lough tapped to run the strategies
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Tellworth’s Seb Jory: We cannot take a cookie cutter approach
Tellworth UK Select manager explains why striking the right long/short balance is key
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Chris Metcalfe: ‘The era of rear-view mirror investing is over’
Concentrated focus on growth, US and tech assets must be replaced with something more diverse, says Iboss co-founder
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BMO Global Smaller Companies shuns Columbia Threadneedle moniker in rebrand
£1bn trust will become Global Smaller Companies Trust effective immediately
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Chrysalis braces for further NAV hit as Klarna faces 67% haircut
Significant writedown would result in a 9.5% drop in the £1.2bn trust’s NAV
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Vanguard Lifestrategy funds rake in £1.9bn despite shakier performance
Static allocations to long-dated government bonds have hampered returns
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UK funds bleed £4.3bn in worst month since March 2020
Fundsmith Equity saw its largest ever monthly outflow of £622m, while Baillie Gifford lost nearly £1bn
