Stewart Investors reverses soft-close on £262m fund
The Stewart Investors Indian Subcontinent Fund has reopened to investors for the first time in five years today (Friday).
News
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Four guilty of misleading investors in £1.4m scandal
Four people guilty of misleading vulnerable people into buying £1.4m of worthless shares are set to be sentenced this month following an investigation by the Financial Conduct Authority (FCA).
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Raymond James: supply-side reform crucial for growth
Supply-side reform will need to be top of the agenda if countries and regions expect to outperform in 2018, according to Raymond James’s European strategist.
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More investors ditching their providers
A third of investors have ditched their provider over the past 24 months a new study by Compeer has found, and close to half are considering whether they should stay or go.
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Ex-Brewin trio to head Raymond James Oxford branch
Raymond James is opening a branch in Oxford led by three former Brewin Dolphin wealth managers.
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FTSE 100 promotions demonstrate hunger for growth
This year’s FTSE 100 promotions have one thing in common – they reflect investors’ insatiable appetite for growth, growth and more growth.
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Former M&G income manager joins Fairstone
The former M&G Dividend fund manager Alex Odd has joined the chartered financial planning firm Fairstone, taking joint ownership of its portfolio management service.
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Premier’s AUM surpasses £6bn despite higher outflows
Despite seeing higher redemptions, Premier Asset Management grew its assets under management (AUM) beyond the £6bn mark over the year.
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Investors brand Fidelity fee as complex and expensive
Fidelity’s fee overhaul has been hit by accusations that it is unnecessarily complex and will see investors charged over the odds for mediocre fund performance.
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Architas gives Woodford the axe
Architas has pulled Neil Woodford’s equity income fund from its multi-asset and multi-manager range, becoming the third fund group to ditch the mega manager in a matter of months.
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Rathbones’ Thomson: ‘I’ve never been so invested’
The Rathbone Global Opportunities fund is running its lowest ever cash position because lead manager James Thomson is currently finding so many buy ideas in the market.
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Fidelity slams ‘race to bottom’ as details of variable fee revealed
Fidelity’s move to a performance-based fee model has nothing to do with pricing pressures in the industry it has claimed as it revealed details as to how the structure will work in practice.