Coutts’ fund research head quits
Coutts’ director of fund research Minesh Gajjar has resigned after more than four years with the firm.
News
-
-
Axa IM adds China bond fund to short duration stable
Axa Investment Managers has launched a China short duration bond fund, which aims to give investors exposure to the 56trn renminbi (€7trn) bond market.
-
UK AUM defies Brexit vote with 20% jump
The volume of assets managed in the UK increased 20% last year, undeterred by the decision to leave the European Union, according to Investment Association (IA) research.
-
Historic low bank rates held at 0.25%
Interest rates remain unchanged at a historic low level of 0.25% following the latest Bank of England meeting, quashing rumours higher inflation could spark a hike this year.
-
Probe into £1.6trn consultant market handed to govt watchdog
Three of the largest investment consultancies have pledged to cooperate fully with a government investigation into the industry amid competition concerns.
-
Vanguard launches fresh attack in price war
Vanguard has launched a new offensive against competitors in the ongoing fund price war with the introduction of its first actively-managed bond fund in the UK.
-
OMGI’s Ormiston: euro at $1.30 spells pain
Old Mutual Global Investors’ Ian Ormiston believes the strong euro is not having a material impact on European companies, but warns this could change if it breaches $1.30.
-
Five funds rated highly by the pros
Data gathered by fintech firm Sharing Alpha offers insight of not just the most popular, but also the funds rated the highest by professional fund buyers. So, which were the top rated domiciled in the UK and Luxembourg in August?
-
The benefits of divorce for IFAs
Divorce and the rise of female entrepreneurs has seen an increasing number of women seek financial advice from an industry still struggling to attract them into the workforce, research has found.
-
BlackRock shakes up global top brass
BlackRock has made several changes across the firm at executive level, including the promotion of Rachel Lord to head of EMEA.
-
Mifid II research unbundling consensus grows, again
Deutsche Asset Management and Franklin Templeton are the latest firms to reveal they will take on the cost of research once Mifid II comes into force next year.
-
Morningstar knocks Kames fund down a peg
Ratings agency Morningstar has demoted the Kames Ethical Equity Fund over changes to the core UK equity team and a “lessened” conviction in manager Audrey Ryan.
