Funds

Manager of the JPM American investment trust says a market pull-back is overdue

Cofunds' pre-tax profits for 2013 have fallen 16% after a rise in assets under administration was offset by L&G's attempt to reverse 'years of under-investment'.

Jeremy Thomas, manager of the Brunner investment trust, says history tells us the EM crisis is far from over, but managers should not stop searching for low entry points.

Two more investment trusts have cut their fees in a move analysts are pinning on increasing pressure from open-ended funds.

The management of Diverse Income Trust is considering increasing the company's capital base in order to cut costs.

Baillie Gifford's Sarah Whitley has reduced the number of stocks in her £261m Japan investment trust in a move to make the portfolio more concentrated.

Standard Life has confirmed it will offer 290 discounted ‘superclean' funds on its platform, at an average AMC of 53bps, following months of negotiations.

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