Time for the UN PRI to get tough
Principles were founded in 2005 and have 1,967 signatories
Principles were founded in 2005 and have 1,967 signatories
Closed unconstrained fund range was available to retail investors despite complex derivatives and currency swaps
The Sanlam report paints bleak performance picture for industry stalwarts
Worst monthly flow performance since June 2013
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.
From under-the-radar managers to unique investment strategies, Morningstar has published its biannual list of fund managers that show promise, but are not yet covered by the manager research team. Portfolio Adviser takes a look at the multi-asset funds available to UK investors in the Morningstar Prospects report.
Morningstar Investment Management has substantially raised the cash levels in its Real Return multi-asset range as it braces for interest rate normalisation and higher volatility.
Nigel Thomas and Chris St John say they’ve selected a secondary manager as part of their succession planning on the Axa Framlington UK Select Opportunities fund, but the appointment is unlikely to have much impact on the fund’s recently downgraded rating.
Fund selectors have been lured to passive strategies in emerging markets over the past 12 months after soaring technology stocks have driven the growth index sky high.
Blackrock manager Sam Vecht has suffered a further blow as the frontier markets fund he manages with Emily Fletcher is downgraded, less than two weeks after an investment trust he co-manages revealed it is winding up.
Two Schroder equity funds managed by Jenny Jones have been downgraded due to high fees.
Environmental funds are blaming poor data on holding companies for their inability to report on environmental impact as the industry’s methodology for measuring green credentials throws up mixed results.