Richard Woolnough: The only way is up for US Fed rates
There’s no recession around the corner, argues M&G Optimal Income manager
There’s no recession around the corner, argues M&G Optimal Income manager
Big support for closed-ended vehicles to access illiquid assets
Shake-up comes days after M&G introduced lower fees
Platform kept Equity Income fund on Wealth 50 as communications broke down
Wealth manager swaps share option for £750,000
US fund giant moves closer to end client as it partners with Intelliflo
£3.7bn fund was suspended on 3 June
Restrictions are a ‘temporary and precautionary measure’
‘We seem to be having the latest round of musical chairs in the industry’
Investors remain trapped as holding companies receive fresh funding
UK fund house also simplifies annual charge
CEO Chris Hill will not accept bonus payments until gated fund reopens