Fund selectors are divided on the main motivation behind Schroders' strategy when replacing Philip Matthews as manager of its flagship UK Alpha Plus fund, after just over four years in the role.
Replaces former OMGI bond fund manager Stewart Cowley
MSCI to include 222 China A-shares in benchmark indices
$44.2bn wiped off $200bn Bitcoin market
Matthews to focus on UK Growth trust
£87,410 lost per day to binary options scams
Follows criticism of structured products
Regulation has caused industry debate
Fundraiser abolished following harassment allegations