04/11/2013
Hargreaves Lansdown cuts Schroder fund from Wealth 150
They also say the fund has on average, slightly underperformed its benchmark in both rising and falling markets since launch.
Alternative Investments
04/11/2013
Hargreaves rallies behind new Crispin Odey fund
The firm likes the manager’s high-conviction style, but believes investors will need a very long time horizon if they are interested in backing his new offering.
04/11/2013
Man Group’s capital boosted as regulatory status is changed
The ICAAP submission still remains subject to a review by the FCA which is expected in the third quarter of 2013.
04/11/2013
SS&C GlobeOp Hedge Fund Performance Index for March 2013 measured 1.53%
“April brings higher capital activity volume with redemptions outpacing subscriptions, which is in line with last month’s slightly higher Forward Redemption Indicator,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Tech
04/11/2013
First Trust launches first ETFs in London
This marks the first time First Trust’s highly successful AlphaDEX strategy is available as an investment product outside of the United States.
04/10/2013
Commodity Market Increased Slightly in March Amid Mixed Macroeconomic Indicators
Commodities were slightly higher in March despite uncertainty stemming from the Eurozone.
04/10/2013
Sarasin launches low cost emerging markets fund
The dollar-denominated Dublin version launched with around $40 million of Sarasin client money.
04/10/2013
Global ETF Assets Near $2 Trillion Mark
Equities accounted for $65.1bn or 93% of flows, with developed markets accounting for $60.5bn in flows
04/09/2013
Warsaw Exchange Said to Hold Merger Talks With Vienna Bourse
Discussions between management and owners of the Vienna and Warsaw exchanges are at a very early stage
04/09/2013
IFA firm to launch five funds of funds
The funds reflect the growing demand from Financial Advisers for professionally managed multi-asset investment funds designed to meet the increasingly sophisticated needs of investors.
04/08/2013
Manchester United and Aon enter groundbreaking new eight-year partnership agreement
Manchester United Business Network to work with Aon to enhance partnership themes of talent development, health, risk management, retirement and data & analytics through global programme
04/08/2013
Psigma halves management charges for MPS
“We are determined to support intermediaries in this new RDR world and particularly those who are looking to outsource their clients’ investment requirements.
04/08/2013
National Bank-Eurobank merger suspended
Government spokesman says savings 'absolutely safe' as troika warns that new bank would be too big relative to the country's GDP
04/08/2013
L&G cuts tracker fund charges for UK advisers
Lowered the charges on a number of its tracker funds by five basis points
04/07/2013
Worldwide investment funds attract net sales of EUR 828 billion in 2012
Includes main highlights for Q4 2012.
04/07/2013
Transact makes £14.7m profit and sees 14% adviser boost
Turnover and expenses both stayed relatively flat during the year.
04/07/2013
PIMCO unveils global multi-asset inflation fund
It will also use tail risk hedging strategies to limit the impact of severe market shocks
04/07/2013
Barings to launch Frontier Markets Fund
Barings has announced its plan to launch the Baring Frontier Markets Fund in the coming weeks, subject to regulatory approval.
04/07/2013
Platforms kick off scramble for clean fund discounts
Demanding discounted clean share classes from fund managers
04/04/2013
Investors pull £245m from Buxton fund
Investors have withdrawn nearly 7% of Schroders' flagship UK Alpha Plus fund since manager Richard Buxton announced last month he was leaving to join a rival firm.