News

  • IMF sees global growth accelerate

    IMF sees global growth accelerate

    In a sign the world economy is heating up, the International Monetary Fund (IMF) has revised its global GDP growth forecasts upwards for the second time this year. The global recovery is still “incomplete” though, it claimed.

  • JP Morgan unveils first European ETFs

    JP Morgan unveils first European ETFs

    JP Morgan Asset Management (JPMAM) will launch its first two European ETFs “imminently”. Both ETFs will be actively managed, and will compete with traditional hedge funds, the company said

  • The best value platforms for investment trusts

    The best value platforms for investment trusts

    The most cost-effective platforms for holding and trading investment trusts have been identified by the Association of Investment Companies (AIC).

  • The People’s Trust binned after lack of support

    The People’s Trust binned after lack of support

    The People’s Trust is no more after failing to raise a sufficient level of capital to be viable.

  • Jupiter Merlin chops Woodford exposure

    Jupiter Merlin chops Woodford exposure

    Jupiter’s multi-manager range has drastically shaved down its exposure to Neil Woodford’s flagship equity income fund and has added three new funds to its holdings, Portfolio Adviser has learned.

  • Premier AUM hits record high at £6bn

    Premier AUM hits record high at £6bn

    Premier Asset Management has reported strong growth in assets under management (AUM), following the 18th successive quarter of positive net inflows.

  • Pimfa boosts public policy team

    Pimfa boosts public policy team

    The Personal Investment Management & Financial Advice Association (Pimfa) has hired a senior adviser for public policy.

  • Fund groups failing to sell ethical investments

    Fund groups failing to sell ethical investments

    Investor demand for ethical products is on the rise but the industry has missed a trick by failing to speak in a language that resonates.

  • Is October’s penchant for volatility cause for concern?

    Is October’s penchant for volatility cause for concern?

    October is renowned as being particularly volatile for markets, but this reputation should be viewed in perspective as it stems from just three events, argues Architas’s Adrian Lowcock.

  • RBC Wealth axes 3% of jobs in Channel Islands and UK

    RBC Wealth axes 3% of jobs in Channel Islands and UK

    RBC Wealth Management is making redundant around 3% or 36 of its 1,200-strong staff from offices based in Jersey, Guernsey, London and Edinburgh.

  • RWC reveals Clapp-run funds

    RWC reveals Clapp-run funds

    RWC Partners has announced two funds to be run by Graham Clapp and his team following their arrival at the firm in September.

  • Premier AM shuns conventional bonds

    Premier AM shuns conventional bonds

    Premier Asset Management is shunning conventional bonds in favour of specialist lending vehicles in its multi-asset portfolios on the back of the former’s poor risk/return characteristics.