The correlation of commodity performance to equity markets has increased so much that commentators now question their effectiveness in diversifying portfolios. Is this a short-term blip or is it trend we need to take notice of?
Gilliat Financial Solutions has launched its highest ever income offering, targeted at yield-starved investors.
The FSA has introduced further guidance on structured product design having found that firms are putting their commercial interests above consumer needs.
The investment question du jour should be can you solve a debt crisis with more debt?”, says Bill Gross, managing director at PIMCO.
Terry Smiths Fundsmith is using Ucits IV legislation to launch a Sicav feeder fund version of its existing Equity Fund Oeic.
Henderson Global Investors saw AUM fall by £9bn in Q3 as retail outflows from its own funds and acquired Gartmore funds totalled £946m.
Returns from property investment trusts have beaten those of investment companies as a whole over the past three years, attracting investors back to the sector, according to the Association of Investment Companies.
UBS Global Asset Management has launched a Global Diversified Fund with David Buckle as lead manager.
John Chatfeild-Roberts is to hand over lead manager duties for the Jupiter Global Managed Fund to Simon Somerville, in order to concentrate on his role as CIO of the group.
Legal & General Investment Management’s retail business saw new fund flows more than half in the first nine months of 2011, year-on-year, even as the firm’s total AUM grew.
Bramdean Asset Management (BAM), which was caught out in 2008 due to investments in Bernard Madoff’s fund, has confirmed it is planning to launch an online funds supermarket called beesandhoney.com.
So good news from the ONS this morning then? 0.5% growth in the UK economy for Q3 has beaten consensus expectations of a 0.3% GDP rise, or even a decline in output.
