JP Morgan levies performance fee for beating cash
The new JPMorgan Global Equity Absolute Alpha Fund pays a 10% performance fee for beating 3m Libor.
The new JPMorgan Global Equity Absolute Alpha Fund pays a 10% performance fee for beating 3m Libor.
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Nick Griffiths is to join Legal & General Investment Management as its new head of global rates.
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Katie Trowsdale is one of three additions to Bambos Hambi’s FoF team at Standard Life Investments.
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European funds are among the best performers over first half of 2011.
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Matthews Int’l has made its Matthews India Fund available to European investors.
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Bambos Hambi is overweight fixed interest, favouring high yield bonds in the SLI FoF’s range.
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Ratings agency Moody’s has cut Portugal’s long-term government debt to below investment grade.
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For the first time John Cleary’s emerging market multi-manager fund is available to retail investors
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Investors in Europe will need to consider the impact of higher costs eating into corporate margins.
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Lipper’s latest survey shows UK investors prefer fund with a track record above new launches.
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Chris Iggo explains there are considerable negatives to bear in mind but high yield still benefits.
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Chris Mahon asks how investors can better use hurdle rates to help design a multi-asset portfolio.
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