Gam bombshell suggests absolute return confusion remains
Closed unconstrained fund range was available to retail investors despite complex derivatives and currency swaps
Closed unconstrained fund range was available to retail investors despite complex derivatives and currency swaps
Prime Minister Narendra Modi says India is an ‘elephant that’s starting to run’
41% of professional investors plan to increase their exposure to UK equities over Q3
Will IFAs see a lightening of the regulatory burden when the UK finally leaves the EU?
Unease comes as Gam freezes Tim Haywood’s absolute return bond fund
FCA worried established clients are stuck on expensive legacy platforms
Closed-ended fund share registers increasingly dominated by retail investors
Net outflows of £634.5m as developed market government bond yields spike
Advice firms could become more discriminatory in their wealth manager due diligence when the economic cycle shifts.
Quant investing had a torrid first half to the year but the demand for systematic strategies, buoyed by the growth of ‘data science’, appears to be on the up.
Almost a year since Jupiter Merlin and Architas swapped Neil Woodford for Hugh Yarrow the elder star fund manager has seen near continuous outflows, while his younger rival has enjoyed inflows to his more defensive fund.
The Financial Conduct Authority has failed to recognise platforms with whole of market fund offerings lack the negotiating power of their peers who have buy lists or limited fund ranges as it calls on the industry to drive down fund fees on behalf of consumers.