UK funds bleed £4.3bn in worst month since March 2020
Fundsmith Equity saw its largest ever monthly outflow of £622m, while Baillie Gifford lost nearly £1bn
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CCLA enters retail market with sustainable fund launch for ex-Newton manager
Jasper Berens joined in October 2021 as part of its push into the UK intermediary space
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Pacific AM adds emerging market income fund to range
It will line up alongside an existing EM equity strategy
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Fundsmith sells out of Starbucks
As two April additions prove to be winners
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Aviva and Vanguard make MPS drive following red hot demand
46% of UK wealth managers plan on using model portfolios more extensively over the next two years, according to Cerulli
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F&C Investment Trust eyes FTSE 100 promotion
As Supermarket Reit inches towards the mid cap league in latest quarterly reshuffle
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Orbis lowers performance fee across UK fund range
Moving from a 50:50 ratio to 60:40 split allows clients to retain clear majority of future outperformance
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7IM ups money market exposure in 19 funds days after FCA voices concerns
Liquidity issues mean MMFs could pose a systemic threat to the UK economy
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Abrdn duo join Premier Miton’s new EM sustainable equities team
A dedicated fund will be launched in 2023
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RLAM unveils sustainable growth fund for Mike Fox
Sustainable Growth strategy launches with £100m in AUM
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Liquidity concerns put money market funds under the microscope
March 2020 sell-off exposed underlying vulnerabilities and potential systemic threat to UK economy
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SJP’s £2.4bn emerging market equity mandate pivots to multi-manager strategy
As £6.5bn Global Growth range shifts to invest directly rather than via fund of fund