7IM boosts active exposure across multi-manager range
Seven Investment Management (7IM) has significantly increased exposure to active managers across its multi-manager fund range.
Seven Investment Management (7IM) has significantly increased exposure to active managers across its multi-manager fund range.
JP Morgan Asset Management (JPMAM) has launched three fixed income exchange traded funds – the group’s first bond ETFs in Europe.
Neptune chief executive Robin Geffen is incredibly concerned by the current glut of “complicated” funds that lack portfolio transparency, saying they remind him of the “worst investment” he ever made.
LGIM has launched an indexed global equity unit trust with a climate tilt.
Smith & Williamson has re-shuffled manager duties on its UK Equity Income and Fixed Interest funds following the announcement that respective lead managers Tineke Frikkee and John Anderson are leaving the group.
JP Morgan Asset Management (JPMAM) has launched a multi-asset investment trust to replace its Income & Capital trust which is due to close next month.
Miton Group has extended its multi-asset range by launching the LF Miton Balanced Multi Asset fund.
Some of the biggest names in UK retail are charging investors nearly double the ongoing charges figure (OCF) of their funds, Mifid II regulations have brought to light.
The number of open-ended funds delivering consistent top quartile performance fell below the historic average in 2017, according to the FundWatch survey conducted by BMO Global Asset Management.
Although last year brought “tough times” for Neil Woodford, the star fund manager said he will not back down from his contrarian positions but will attempt to provide greater clarity on his views to appease shareholders.
Jupiter’s Jason Pidcock has begun 2018 in a more defensive frame of mind and has been bulking up the liquidity of his Asian Income fund in case of a “mini-credit crunch”.
US equity exchanged traded funds (ETFs) were the preferred product for European investors looking at the ETF market in 2017, accounting for 15% of the market’s assets under management (AUM), according to Thompson Reuters Lipper research.