Weekly outlook: FCA to hike FOS limit despite backlash and 2018/19 tax year ends
The key events for UK wealth managers for the week starting 1 April
AJ Bell
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AJ Bell rolls out income funds for Isa season
Real assets and bonds portfolios will cater to different risk profiles
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AJ Bell and Hargreaves hail DFM inclusion in exit fee ban
Andy Bell denounces exit fees in other parts of the market as ‘punitive’
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Investors pull £665m from struggling absolute return funds
Bond funds draw in investors as monetary policy outlook shifts
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AJ Bell reveals hybrid range as latest iteration of MPS
Capital gains tax ‘shield’ an advantage over the existing MPS range
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AJ Bell slashes fees to ‘stand toe-to-toe’ with cheapest funds
But experts note there are cheaper options
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Caution urged following jump in pension freedom withdrawals
Torrid markets in 2018 saw the FTSE100 down 12% and most funds delivering negative returns
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Rare equal-weight portfolios struggle to impress
The art of portfolio construction taken away from managers adopting equal-weighted funds
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Retail investors being led astray by analyst ‘buy’ picks
Top UK ‘buys’ have not done any better than the FTSE 100 four years running
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Surging AJ Bell share price justified despite 4% fall in assets
Share price jumps almost 80% since IPO
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Multi-asset giants accused of creating share class confusion to appear cheap
AJ Bell CIO criticises ‘Easyjet’ pricing used by rival multi-asset groups
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AJ Bell drops Merian in first change to MPS growth range
Platform MPS instead backs Paul Marriage’s boutique