LGI latest group converting to PAIF
Legal & General Investments is the latest fund management group to convert its property fund to a PAIF structure.
United Kingdom
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Spare capacity means no rush to raise rates
According to the Bank of England, when it does start raising rates they will do so only gradually.
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RUTM records 17pc surge in fum
The unit trust side of Rathbones' business showed a strong first quarter ending with £2.1bn funds under management.
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Wage moves up chances of pre-Christmas rate hike
According to Royal London Asset Managements Ian Kernohan, while economic activity has improved, output is only just about to surpass its pre-crisis peak
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PA ANALYSIS One cost to rule them all
The FCA's review of the clarity of fund charges shows that there remains a long way to go to a single number that investors can use to compare one fund with another.
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FCA calls for fund charge consistency
The FCA today urged fund managers to focus on the ongoing charges rather than annual management charges in a bid to improve transparency.
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Axa IMs Thomas to look beyond digital comms
Axa Investment Managers’ Nigel Thomas has stated his respect for companies that cope particularly well with “disruptive technologies, business cycles and new secular trends” in his latest six-monthly report.
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Heartwood hires former OMGIs Matt Hollier
OMGIs director of product management moves to investment boutique Heartwood.
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RLAM inflows quadruple year on year
Royal London Asset Management says Q1 inflows were £902m, over four times higher than in Q1 2013
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Former MandG chief exec joins SmithandWilliamson
Ed Rosengarten, former founder of Eden Asset Management, takes on the newly-created role of head of funds.
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Emerging markets key to global growth Barnett
Mark Barnett says uncertainty over the strength of economic growth in emerging markets, particularly China, is not supportive for global growth.
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Biggest issues facing wealth managers today
Falling adviser numbers and an advice gap are just two of the wave of changes that are uppermost in wealth managers minds, according to research company Aite Group.