TOBAM launches first European bitcoin fund
French boutique asset manager TOBAM has launched what is claims is the first ever mutual fund in Europe that tracks the value of bitcoin.
French boutique asset manager TOBAM has launched what is claims is the first ever mutual fund in Europe that tracks the value of bitcoin.
Franklin Templeton has announced it will be shutting three of its Oeic products, while hinting it has other investment offerings in the pipeline.
A former Bank of America Merrill Lynch trader has been slapped with a £60,000 fine for manipulating a bond market.
Fundhouse has been drafted in to provide a full model portfolio service to advisory firm Courtney Havers, responsible for its investment process and fund selection.
Investec’s Blake Hutchins has upped his fund’s exposure to British American Tobacco (BAT) and Daily Mail and General Trust (DMGT) on the belief they are “undervalued and underappreciated”.
Janet Yellen has decided to step down as a member of the Federal Reserve board once her successor Jerome ‘Jay’ Powell becomes chairman.
Nick Train has defended one of his top-held stocks, Unilever, from critics after its share price wobbled throughout October.
Most asset managers will offer ETFs in the next five years, according to two-thirds of respondents to an EY survey.
Budget airline EasyJet has bounced back from a troubled year in its industry, posting record passenger numbers and more than £5bn in revenue.
This week has brought more bad news for Neil Woodford’s Patient Capital Trust, as shares in his largest holding Prothena tanked.
With chancellor Philip Hammond poised to release the government’s Autumn Budget on Wednesday, experts from Old Mutual Wealth, RSM, Mazars, Irwin Mitchell Private Wealth and Aegon give their budget predictions.
Robeco has launched a fund focusing on companies that benefit from increasing digitalisation in the financial sector.