Schroder’s Global Recovery fund has been added to The Adviser Centre’s positive watch list, despite manager Kevin Murphy stating that value has underperformed at its worst rate since the Great Depression.
Hermes Investment Management’s head of fixed income has defended the launch of a product that will underperform if rate hikes exceed expectations, stating geopolitics is set to overtake investors’ concerns when it comes to the asset class.
Neil Woodford’s flagship Equity Income fund has faced a fresh blow as Morningstar reveals it has downgraded the strategy on concerns about capacity.
Despite continued regulatory scrutiny, more than half (54%) of UK financial advisers have not adapted their investment process over the last two years, according to research from FE.
Emerging markets are less likely to see a ‘taper tantrum’-like sell off as rates rise, says GSAM’s Shoqat Bunglawala, but not everyone agrees.
Moneyfarm plans to expand its investment advice offering as the robo-adviser lands a £40m investment in a funding round led by Allianz Asset Management.
Standard Life Aberdeen’s (SLA) share price plummeted after the firm announced plans to return £1.7bn to shareholders following the sale of its insurance arm to Phoenix Group.
Man Group has poached Blackrock’s managing director Teun Draaisma and appointed him as portfolio manager.
The board of Invesco Perpetual Enhanced Income has said it has been vindicated in its spat with the asset manager over fees as it has found alternative options to run the investment trust at a much lower price.
A UK-based IFA, whose former client was England striker Alan Shearer, has been banned from holding a directorship for sneaking £76,000 from his insolvent advice firm.
Old Mutual shareholders have voted in favour of the company’s much-heralded managed separation at a meeting in London.
Deutsche Wealth Management has increased the allocation to sovereign bonds in the firm’s model balanced portfolio, which forms the basis of portfolios it manages for clients in the Asia Pacific.
