obsr downgrades blackrock uk fund
OBSR has downgraded the BlackRock UK Fund in the wake of its management change, revealed by Portfolio Adviser yesterday.
News
-
-
european defaults set to rise
Despite talk of corporate strength and strong cash flows, Paul Watters argues default rates will rise this year across Europe with the more vulnerable companies restructuring their debt.
-
first property plans further uk fund
Commercial property specialist First Property plans to launch Fprop Sterling Income Fund, a mirror to its fully invested UK PPP fund.
-
five big fund groups guilty
SWIP, M&G, Schroders, Standard Life and St James Place are the fund houses with the most “dog assets under management” according to Bestinvest’s latest Spot the Dog report.
-
alternative government bond
Pictet Asset Management has launched a global government bond fund which will use an alternative strategy to select bonds based purely on the countrys ability and willingness to pay.
-
meteor unveils two new plans
Meteor Asset Management has announced the launch of two new structured products, the Prima Platinum Plan 15 and the FTSE Income Deposit Plan 6, targeting returns of 10% and 7.25% per year respectively.
-
greek bailout not an end to its debt crisis
The overnight announcement of a bailout package from the eurozone finance ministers leaves Greece no better off today than they were yesterday.
-
momentum hires brown
Momentum Global Investment Management has appointed Graeme Brown as business development executive focusing on distribution and business development within the intermediary and wealth management space.
-
small companies investment trusts opportunity
Tim Cockerill names three small-cap investment trusts that will best take advantage of the modest economic recovery he feels has just started.
-
guinness am joins clean fee club
Boutique fund manager Guinness Asset Management has launched a new “RDR ready” clean fee share class across its seven funds, with an AMC of 0.75%.
-
blackrock loses faith in lyttleton
Mark Lyttleton is to stand down as the long-time manager of the BlackRock UK Fund, culminating what has been a tough few years for Lyttleton and his investment management reputation.
-
veritas boosts global team
Veritas Asset Management has appointed Ramesh Narayanaswamy, formerly at Fidelity, as global industrials analyst to work across its global strategies.
