Sell-side research short-term and flawed
Sell-side research is too positive, too short term and avoids controversial topics leading to a misallocation of capital, according to a survey of sell side analysts themselves.
Sell-side research is too positive, too short term and avoids controversial topics leading to a misallocation of capital, according to a survey of sell side analysts themselves.
Legal & General Investment Management (LGIM) has confirmed that ex-Old Mutual manager Stephen Message will be at the helm of its £268m equity income fund.
Royal London Asset Management has unveiled a £2.7bn property fund, the largest launch of its kind, the firm has claimed.
Nutmeg, the online investment manager, saw losses rise to £9.3m last year despite a surge in customer numbers.
Baillie Gifford is set to lose three of its senior partners in April next year, including its head of Japanese equities Sarah Whitley.
FE Analytics has launched a service to help IFAs meet suitability requirements and deliver consistent investment advice.
The Financial Conduct Authority (FCA) has been accused of dealing with an issue that “doesn’t need fixing” after unveiling a regulatory hub for asset management start-ups.
A drive toward transparency in the platform market will narrow the gap between big retail players and the institutional market, Multrees Investor Services chief executive officer Chris Fisher predicts.
Outflows tarred Neptune Investment Management’s results for 2016 with assets under management and profits taking a hit during a year plagued with uncertainty.
A second profit warning from British construction firm Carillion in the space of a few months has sent its shares plummeting by nearly one fifth.
Fidelity International’s James Bateman believes oil is a better “Armageddon hedge” than gold because it is needed irrespective of market conditions whereas gold is not.