TILLIT pulls AXA Framlington Global Technology fund from universe
Decision follows exit of fund manager Jeremy Gleeson
Product News
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Spot the Dog: Number of underperforming equity funds falls to 137
Strategies underexposed to tech and energy feature prominently in the bi-annual report
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World Bank launches ‘largest ever’ outcome bond to fund Amazon reforestation
Rathbones and Nuveen are among the lead investors
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Nick Train’s FGT holds onto Burberry despite 70% price fall
Finsbury Growth & Income’s share price increased by 1.1% in the month of July
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Jupiter UK Opportunities fund to close due to ‘limited demand’
Manager James Bowmaker will remain working at Jupiter
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Hargreaves Lansdown accepts £5.4bn private equity takeover
Deal expected to close in first quarter of 2025
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abrdn proposes shift for UK Real Estate fund
abrdn would shift the fund to global strategy
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Arkaim Advisors to launch distressed debt hedge fund
The Distressed and Credit Opportunities fund will be managed by CIO Dimitry Griko
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Square Mile: Bond funds feature heavily in July ratings update
Seven of the 11 funds re-rated by Square Mile had a fixed income mandate
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Fidelity International approved to launch private assets LTAF
LTAF exposure to include private equity and credit, infrastructure, real estate, natural resources
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Hargreaves Lansdown extends deadline for proposed acquisition
Comes after additional extensions from June bid
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BNP Paribas to buy AXA IM for €5.4bn
Deal is expected to complete in the first half of 2025