iShares gun-free ETFs fail to reach UK
UK investors in a number of iShares ETFs remain exposed to guns as Blackrock responds to the recent school shooting tragedy in Florida in its US range through the launch of firearm-free products.
UK investors in a number of iShares ETFs remain exposed to guns as Blackrock responds to the recent school shooting tragedy in Florida in its US range through the launch of firearm-free products.
Investors ploughed cash into multi-asset funds but shunned equities and bonds during February as volatility returned to markets.
Premier Asset Management has increased the number of equity holdings across its Diversified fund after taking profits and reducing position sizes in several richly-valued stocks.
Brexit-related outflows from UK equities and the departure of an experienced co-manager mean the top-quartile Rathbones UK Opportunities fund has failed to stymie redemptions, despite changes to fees and a product rebrand announced more than six months ago.
Baillie Gifford will rebrand its top-quartile Corporate Bond fund as the Strategic Bond fund after the retirement Stephen Rodgers, who departs this month.
Seneca Investment Managers has added an underperforming global emerging markets (EM) equity fund to its diversified growth portfolio.
Saudi Arabia’s promotion from frontier to emerging market in FTSE Russell indices is an opportunity for short-term investors to take profits, while longer-term investors can take the announcement as confirmation the market is moving in the right direction.
Fidelity Japanese Values has become the first investment trust run by the asset manager to adopt its variable management fee model, but has also announced plans to switch to a poorer performing benchmark.
Thesis Asset Management has become the latest discretionary investment manager to launch a decumulation portfolio, following in the footsteps of Parmenion and Copia, as advisers complain about a lack of products focused on income rather than accumulation.
Columbia Threadneedle Investments has launched a global absolute return credit strategy to mirror its existing Threadneedle Credit Opportunities Fund.
A policy from the world’s largest pension fund to only work with asset managers that adopt performance-based fees should be reassuring for advisers even if they lack the scale to make same demands, Orbis UK head Dan Brocklebank has argued.
Jupiter heavyweight UK value manager Ben Whitmore is branching out and launching a dedicated Ucits global equity mandate.