Gam axes 17 jobs as it closes £220m worth of funds
Slew of exits come from its Lugano-based equities team
Product News
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Blackrock unveils income fund for MyMap range as assets inch toward £700m
Becomes the sixth fund in multi-asset indexing suite
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Baillie Gifford reduces management fee on £1bn US Growth trust
Move marks the group’s 14th fee cut across its strategies since 2013
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Schroders trust welcomes Oxford Nanopore listing but expects to sell down 3.7% stake
Oxford Nanopore represented 21.8% of SUPP’s net asset value on 31 March
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Manulife IM increases fund offering to European investors
Asian small cap equity, China total return bond and preferred securities income strategies are being made available
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Millennium Global unveils Ucits version of active currency strategy
Investment manager says currency markets represent the ‘ultimate macro view’
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Robeco unveils EM-focused tech fund to capitalise on next wave of internet users
Strategy invests in publicly listed local high-growth internet and technology stocks across the emerging markets
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Man GLG unveils sterling corporate bond fund for Jonathan Golan
‘In today’s bond market, the optimal way to protect and grow capital is through an active approach’
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Ruffer unveils first fund in more than a decade
LF Ruffer Diversified Return fund is to address risk of falling bond and equity prices
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Jupiter questioned on ‘refresh’ for beleaguered absolute return fund
‘The bolder step would have been to close the fund and give remaining investors their money back’
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Amundi adds pair of bond funds to ESG Improvers range
Global credit and global high yield funds join existing equity funds
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Michael Lindsell warns investors over LTIT’s burgeoning premium
‘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’