Bank of England warns bond managers on hidden risks
The Bank of England has raised a number of concerns about hidden risks in the UK fixed income markets, while underplaying the impact of quantitative easing on bond yields.
PA Analysis
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Funds face challenging search for independent directors
The asset management industry could be looking for more than 400 new directors, but are the skills there or will the directorships be filled by a select few?
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Robot revolution poised to shake-up fund industry
Asset managers may soon be able to use cutting-edge deep learning technology to gain a defensible competitive advantage, according to AI expert Nick Bostrom.
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UK investors bullish on government debt as Treasuries hit 3%
After a prolonged period of negative real yields, government bonds have failed to excite, but Q1 figures show UK fund selectors are turning bullish on developed market government debt for the first time since early 2015, just as the 10-year US treasury hits 3%.
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Rating the ratings agencies
Many investors rely on fund rating systems to guide decisions. But are rating systems an effective way to gauge future performance and which is better – quantitative or qualitative analysis?
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Woodford Patient Capital directorships raise eyebrows
Woodford Patient Capital Trust’s holdings in companies in which its independent directors, including its chairwoman, hold senior positions has raised eyebrows with investors, as they highlight concerns about the board’s ability to act in shareholders’ best interests.
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Dovish Carney fails to dent enthusiasm for UK banks
Despite Brexit uncertainty and a more dovish tone from the Bank of England (BoE), many managers are arguing that now is the time to embrace the big four UK banks as a cheap, tactical value play.
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Investors exposed to soaring duration in Vanguard Lifestrategy
Vanguard’s £9.6bn Lifestrategy range is exposing investors to interest rate risk, as governments and corporates buying up cheap, long-dated debt skew duration in indices that the passives giant tracks.
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Bumper ETF inflows hint at sentiment shift for UK equities
Investor interest in the UK market took a dive following the EU referendum, but recent passives fund data reveals sentiment could be shifting, with a mammoth $521m weekly inflow in mid April.
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Jupiter Dynamic Bond woes down to ‘flighty’ European investors
Lopsided net flows into Jupiter Asset Management’s Dynamic Bond and Strategic Bond mirror strategies has been attributed to UK investors’ brand loyalty through bouts of underperformance.
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Temit investors recommended to switch to Mobius rival
The JP Morgan Emerging Markets Investment Trust has been touted as a stable alternative to Templeton Emerging Markets Investment Trust, where careful succession planning following Mark Mobius’s retirement was thrown into disarray with the sudden departure of his replacement Carlos Hardenberg earlier this year.
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Don’t be sucked in by big dividends
UK equity valuations are starting to look fair but investors have been warned not to be lulled into a false sense of security by high dividend yields.
