Financial planner Informed Choice has criticising the bulk of absolute return funds for charging unjustifiably high fees and lacking consistency of returns.
Informed Choice has slammed groups including Invesco Perpetual, M&G and SWIP for their poorly performing UK equity income offerings.
Investment advisers have hailed the announcement Anthony Bolton's Fidelity China Special Situations fund had raised £460m from its initial public offering as "a bloody good result".
With the Keydata debacle, have investors' concerns switched from counterparty to provider risk?