Pictet launches bond fund to outperform absolute return
Pictet Asset Management has launched an unconstrained fixed income fund targeting up to 8% returns over cash.
News
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How to navigate the passives surge in EM equities
As cumulative flows into emerging market passive funds surpass active alternatives investors should seek opportunities further down the market-cap scale, Aviva Investors head of emerging markets and Asia Pacific Will Ballard argues.
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Emerging markets a ‘sweet spot’ for fixed income
Emerging market bond funds are the “sweet spot” when it comes to the search for fixed income yield, according to Blackrock.
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Discretionary drives 75% boost on Standard Life platform
Standard Life has reported a 75% increase in assets under administration (AUA) on its adviser platform driven by strong demand for discretionary portfolios.
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Baillie Gifford US trust fundraise short of target
Baillie Gifford has raised £173m for its US Growth Trust, it announced today, falling short of the £250m it set as a target.
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Sterling spikes as wages up by 2.8%
Sterling was up against the dollar this morning as wages grew faster than expected, according to the Office for National Statistics (ONS).
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Brexit will hurt UK returns, say 90% of EU investors
A clear majority of investment professionals in the European Union outside the UK believe investment returns in the UK will suffer because of Brexit, according to CFA Institute research.
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US buyer looking to snap up Hermes
A US asset manager is on the brink of announcing a £400m takeover of Hermes Investment Management.
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Cheapest ETF in Europe launches
Lyxor Asset Management is launching the cheapest ETF in Europe this week, bringing prices in the UK and the Continent in line with US products.
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Virgin tracker with 1% fee dominates Aberdeen Standard deal
Three-quarters of the assets Aberdeen Standard Investments will be managing for Virgin Money sit in the UK’s costliest tracker.
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Hargreaves £15m tax case win over HMRC
Hargreaves Lansdown has won a tax tribunal appeal against HM Revenue & Customs that will see around 150,000 investors receive a £15m rebate.
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Findlay Park sheds Latam fund to focus on US strategy
Findlay Park has announced it is shedding its $475m Latin American fund to focus on its flagship $11.5bn American fund.
