Funds

MAM Funds' Simon Callow has changed the strategy on his Midas Balanced Growth fund to make greater use of exchange-traded funds (ETFs) and hedging.

Morningstar has launched a stinging attack on the closed-ended funds industry, arguing the sector will not be able to compete with OEICs until it releases full holdings data on a regular basis.

SMALL CAPS

Wealth manager Ashcourt Rowan has appointed Cofunds to power its adviser platform proposition.

Investment companies are being urged to issue zero dividend preference shares (ZDPs) rather than rely on banks to provide financing, to help ride out short term market volatility.

Investec Asset Management is the latest group to launch a range of clean share classes ahead of the year-end RDR deadline.

Four major fund houses have joined forces with technology provider IFDS to white-label enhanced online propositions for their existing direct customers ahead of RDR.

Standard Life will roll out RDR-friendly charging structures across its key retail product lines this year, in a move which will see the provider pass fund manager rebates back to new clients on its fund supermarket, FundZone.

EIS SPECIAL

EIS SPECIAL