Millennium Global unveils Ucits version of active currency strategy
Investment manager says currency markets represent the ‘ultimate macro view’
Investment manager says currency markets represent the ‘ultimate macro view’
Strategy invests in publicly listed local high-growth internet and technology stocks across the emerging markets
‘In today’s bond market, the optimal way to protect and grow capital is through an active approach’
LF Ruffer Diversified Return fund is to address risk of falling bond and equity prices
‘The bolder step would have been to close the fund and give remaining investors their money back’
Global credit and global high yield funds join existing equity funds
‘Buying shares in the trust at a premium could lead to a significant loss if stock markets fall and/or LTL’s funds under management decline’
‘Applying 20th century measures of what constitutes ‘value’ to digital companies is a mistake’
Investors withdrew £570m in the seven months to the end of July
At £24bn in H1, net sales are on track to make a record-breaking year for inflows
Square Mile also drops A rating from Invesco Global Targeted Returns following an extended period of poor returns
Incoming lead manager Amanda O’Toole specialises in clean tech but radical change raises possible suitability concerns