Fundsmith stands alone as investors flock to passives
Terry Smith’s equity fund was the only actively-managed strategy in the 10 most-bought Interactive Investor funds
Interactive Investor
-
-
Shares in fintech trust take 30% haircut
Augmentum Fintech trades at a wide discount but NAV held steady during the half
-
Ballooning inflation back at 40-year high
Rising food prices drove CPI back to July’s record 10.1% as industry commentators ponder the BoE’s next rate rise
-
FCA consumer rights ‘Magna Carta’ puts emphasis on ‘reasonable’ exit fees
Regulator’s stance has softened after first mooting an outright ban on exit charges
-
Removing barriers saw 48% rise in shareholder ballots cast on Interactive Investor
Remuneration was one of the top issues investors voted on
-
Morningstar pulls trigger early and boots two funds from II’s ethical buy list
A review wasn’t due until Q4 but torrid market conditions pushed it to move sooner
-
FCA embarks on ambitious overhaul of listing regime
It wants the UK to attract more high quality, growth companies to give investors greater opportunities
-
Fundsmith and Scottish Mortgage top sales chart despite anti-growth sentiment
While trio of Russian mining firms among most-bought equities for the second month in a row
-
Greenlight to fold two Share Centre funds into Investec strategies
With investors set to vote on fate of third multi-manager fund at EGM on 30 March
-
F&C trust hikes dividend for 51st year in a row
But manager Paul Niven tempers expectations for 2022 amid falling prospects for global growth
-
Market reacts to Russian invasion of Ukraine
With comments from Columbia Threadneedle Investments, Interactive Investor, DWS and Neuberger Berman
-
Investor confidence plummets as Ukraine crisis heats up
‘The crawl towards reduced dependency on Russian fossil fuels needs a sharp kick up the backside’
