Aviva syphons US equity income
Aviva Investors is soft closing its US Equity Income Fund in early October in order to protect performance as UK investors have poured money into the vehicle in the past year.
Aviva Investors is soft closing its US Equity Income Fund in early October in order to protect performance as UK investors have poured money into the vehicle in the past year.
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US-income specialist Cullen Capital Management is to launch US Enhanced Equity Income Fund, an equity vehicle with a covered call option overlay designed to offer a bond-like volatility profile.
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Jupiter’s Merlin multi-manager team, led by John Chatfeild-Roberts, remains bullish on the US economy, believing it is “set to shine for some time to come”.
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Apple’s record bond auction to fund its promise of returning $100bn to shareholders through buybacks and increased dividends shows purpose from the management, but is yet to convince US equity fund managers.
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A US equity fund that has held fewer than 100 companies over a quarter-century and has an annualised return of 14.2% since 1989, has just become available to UK DFMs and wealth managers, so what is the snag?
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The S&P 500 has risen 13.7% in the past year, demonstrating a significant recovery in the US equities market, but not all funds have followed suit. We reveal the worst offenders here…
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More than half of the top-performing funds in January were US equity funds, with fiscal cliff aversion at the start of the month paving the way for a widespread stock market rally.
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Miton Group (formerly MAM Funds) has hired Hugh Grieves to work alongside Nick Ford on its soon to be launched US Opportunities Fund.
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Actively managed North American funds struggle to consistently outperform the S&P 500 index.
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Bambos Hambi is overweight fixed interest, favouring high yield bonds in the SLI FoF’s range.
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Henry Sanders says the Aviva US Equity Fund’s strict investment criteria will help ensure value.
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Retail investors have pulled money out of US equity funds for the seventh consecutive week.
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