Hargreaves clients suffer £400m hit from Woodford as execs enjoy bonuses
Total losses of £1.4bn in the LF Equity Income fund ‘cannot be put down to a Covid effect’
Investment
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Alister Hibbert steps back from Blackrock European Dynamic to focus on long/short
Protege Giles Rothbarth will takeover £4.5bn fund along with its Sicav equivalent
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Merian Chrysalis reveals investment targeted through £50m fundraise
US branding business represents investment trust’s first foray outside Europe
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Spate of contrarian investment trust IPOs after coronavirus drought stuns investors
Half of the total £900m being targeted is in out-of-favour UK equities
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Trapped Woodford investors told they have longer to wait after being hit with £16m wind-up bill
Link admits investors might not see their money back until mid to late 2021
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Schroders trust stung by ex-Woodford unquoteds as Covid crisis delivers £37m in writedowns
NAV slumps 8% after the value of the trust’s unlisted assets falls to £390m
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Franklin Templeton follows footsteps of Mark Mobius with sustainable EM strategy
Both strategies pro-actively engage with developing market companies to improve their ESG credentials
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Charles Younes: How to manage the tricky task of rebalancing during Covid
FE Investments recently completed the biannual rebalance of its Mosaic portfolios
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Why low yields and soaring fiscal spending are failing to stem fixed income fund flows
Morningstar data shows bond funds dominating rival asset classes with £22bn in monthly flows
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Jupiter to shut Richard Buxton’s UK Growth trust
Assets had continued to dwindle since being taken over by Buxton
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River & Mercantile unveils first European fund for James Sym
Ex-Schroders manager focusing on ESG as he launches the first in a suite of funds
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Charles Schwab and Amundi floated as possible bidders for Lyxor as rumours of a sale swirl
Société Générale declines to comment on whether plans to sell its ETF business
