Fund selectors approve of Woodford stock switch
Star manager shifts £73m of unquoted stocks from flagship equity income fund to investment trust
Star manager shifts £73m of unquoted stocks from flagship equity income fund to investment trust
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Incoming manager Michael Stiasny will bring ‘a fresh approach’
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Swiss manager’s multi-billion pound fund range entered liquidation last September
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Experts say it is one of the platforms adviser firms are taking assets away from
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Commentators expect more of these funds to emerge given the market environment
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Commentators say lack of performance fee could put pressure on other funds
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Fund will use an exclusionary ESG process and invest up to 20% in impact assets
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Funds will see AMC cuts of 10 and 20 basis points to offer better value for investors
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£46m worth of Blackrock Emerging Europe shares have now merged into the Frontiers trust
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Climate rating tool rates BNP Paribas, La Banque Postale and Mirova among top 10 globally
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Strategy to be reminiscent of his Neptune fund but could suffer from bad timing for European markets
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Capital gains tax ‘shield’ an advantage over the existing MPS range
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