BMO launches UK’s first income ETF
BMO Global Asset Management has launched the UK’s first suite of enhanced income ETFs.
BMO Global Asset Management has launched the UK’s first suite of enhanced income ETFs.
BlackRock has added a floating rate bond ETF to its line-up of passive products that aims to navigate rising rates.
Axa Investment Managers has appointed Kathryn McDonald as head of sustainable investing of its Rosenberg Equities business.
BlackRock’s UK Income Fund has been downgraded by ratings agency Morningstar following the departure of its lead manager, Mark Wharrier.
M&G Investments has strengthened its emerging market offering with the launch of two strategies focusing on the region’s hard currency debt and income opportunities.
A clear majority of UK active equity funds are not closet trackers and should not be tarred with that brush by the regulator, new analysis of the UK fund market suggests.
A ‘Fair Fee Formula’ designed by consultancy firm Asset Risk Consultants (ARC) has been released to help private clients decide if their discretionary fund manager offers value for money.
Smith and Williamson has revealed the launch of a new inflation-linked bond fund to be managed by Thomas Wells.
Cash management specialist Savings Champion has issued a guide urging consumers to quiz their wealth managers about the service provided and the charges involved.
The Martin Currie Asia Unconstrained Trust has boosted its dividend yield to around 4.5%, with shareholders overwhelmingly backing a distribution from capital in a vote this week.
Investors piled into the IA Sterling Strategic Bond sector in May, while UK equity funds experienced a net retail outflow of £479m, according to the latest IA statistics.
Discretionary manager Psigma has upped its defensive exposure amid fears asset markets will face a lengthy downturn from next year.