In its renaming of the Managed sectors, the IMA said it talked to all the interested parties. The trouble is, it missed out the most important - investors.
The Investment Management Association (IMA) has proposed scrapping the Active, Balanced and Cautious tags and merging the Absolute Return sector into a new managed sector, in its review of the Managed peer groups.
Shortsellers rounded on Glencore on the first day of official trading of shares in the commodities giant, casting a shadow over its blockbuster £37bn listing on the London stock exchange, the Guardian reports.
Alistair Lumsden, the London hedge fund manager who foresaw the US sub-prime mortgage crash that led to the credit crunch, has warned the US housing crisis begun in 2007 is far from over.
Another investment theme with a catchy acronym is moving into the limelight, but is there a story behind the moniker?
Pictet is launching an absolute return credit fund for ex-Swiss Re managers Raymond Sagayam and Kazik Swiderski.
All this talk of commodity super cycles is baloney. Lots of clever people are using some very interesting case studies (selectively) to build a grand narrative that essentially results in a small number of people making a lot of money from the rest of...
Schroders is converting its £380m Strategic Bond fund into an absolute return portfolio in anticipation of rising interest rates.
After a volatile few weeks for silver, Maria Merricks examines what the future holds for the precious metal.