BNY Mellon cuts dividend on Newton fund
BNY Mellon announced a cut of up to 25% to the dividend of its Newton Higher Income fund.
BNY Mellon announced a cut of up to 25% to the dividend of its Newton Higher Income fund.
Research by Mercer shows that the ‘new generation’ of balanced funds are coming of age.
Strategic bond sales firmed their position in July, as investors anticipated volatile conditions.
Fidelity tops the list of poor-performing funds measured by Bestinvest in its ‘Spot the Dog’ survey.
Not all AR funds can achieve positive returns while some mainstream funds prove they can.
Fred Moore has taken over as lead manager on the Newton European Higher Income Fund.
Fund managers are taking advantage of undervalued earnings multiples in the UK consumer sectors.