Skandia reports slide in cash fund sales
Sales of cash and money market funds have halved over the past 12 months, according to Skandia.
Investment
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Meteor unveils latest FTSE-backed structured products
Meteor AMhas launched the latest iteration of its FTSE 5 Quarterly Kick-Out and Defensive Plans.
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No performance fee on new global macro Ucits fund
Tideway Investment Partners are launching the Global Navigator All Weather fund, a Ucits IV vehicle.
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The secret to picking a theme is to ask ‘What is running out?’
Adrian Lowcock asks the ‘scarcity’ question for thematic investors willing to take on volatility.
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Dalton Strategic Partnership closes absolute return fund
Dalton Strategic Partnership has closed the Melchior Selected Trust European Absolute Return Fund.
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Fidelity brings Emerging Asia Fund onshore
Fidelity International has launched an onshore equivalent of its Luxembourg-based Emerging Asia Fund
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PA ANALYSIS: Will Oeics get more independent boards?
Electric & General Oeic’s use of an independent board is unlikely to be copied by competitors.
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Electric & General Oeic to have independent board
Electric & General’s roll-over option is an unique hybrid of investment trust and Oeic structures.
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Julie Dent retires from F&C and hands over British Assets Trust
Julie Dent will retire from F&C in September, handing over her British Assets Trust to Phil Doel.
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GLG creates Ucits version of European l/s fund
GLG has added a retail version of its European long/short, market neutral strategy.
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European investors show strong aversion to equities
Lipper FMI’s European fund flow stats show investors moving to fixed income and money market funds.
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PA ANALYSIS: Rewriting the language of default
Talk of an “organised” default in Greece doesn’t change the fact that it is still a default.
