Coutts launches social network for clients
Coutts has launched a digital platform for its wealthy clients to interact online.
Coutts has launched a digital platform for its wealthy clients to interact online.
The board of the Schroder UK Growth fund is dumping Schroders as its manager and replacing it with Baillie Gifford, citing continuous underperformance since inception as the reason behind the decision.
Blackrock Income and Growth Investment Trust underperformed its benchmark index during the first quarter as holdings in British American Tobacco and RELX Group stymied returns.
First Trust Global Portfolios has launched what it claims to be Europe’s first blockchain ETF.
Discretionary fund manager and platform provider Parmenion has partnered with Sanlam to launch an open-architecture onshore bond.
Rathbones has removed its entire holding in Facebook from its Global Opportunities fund, with the fund manager saying the company has lost its consumer trust, but several investors continue to have large holdings in the stock.
Active bonds suffered €7bn in outflows along with active commodities and convertibles, hitting Europe’s asset management industry hard in February.
Fidelity International has stepped up the passives price war with the launch of six low cost cross-border equity index funds and the reduction of pricing on three existing UK-domiciled index funds.
Standard Life Investment’s mega Global Absolute Return Strategy has ended the first quarter in negative territory, failing to beat peers in the sector as volatility across global markets spiked.
Neptune founder Robin Geffen and CIO James Dowey have downplayed the recent tech sell-off and said that a “full blown” trade war between the US and China is unlikely.
Australian boutique Antipodes Partners has launched a long-only global equity Ucits strategy as part of its expansion into the UK market.
Legal & General Investment Management has said its new index fund focused on global listed infrastructure stocks will offer investors income, inflation protection and diversification.