Anthony Cross and Julian Fosh, Liontrust
The making of a boutique
Majedie Asset Management is ready to launch two new funds - Global Equity and Global focus - for a recently hired team as it expand into global equities.
Fund managers should consider splitting funds when they reach a critical size, as Fidelity famously did back in the noughties, according to a study conducted by the Pensions Institute at Cass Business School.
Majedie Asset Management has hired Fidelity's Adrian Brass as it prepares a push into the global and US equity space via three fund launches next month.
Invesco Perpetual has launched a Global Distribution fund for co-heads of fixed interest Paul Causer and Paul Read (pictured).
James Harries is increasing exposure to oil and gas stocks in his Newton Global Higher Income fund, having compared the investment opportunities in the sector to those in the mining industry a few years ago.
Hargreaves Lansdown's shares rose on news the government is set to increase the personal ISA allowance to £15,000, whilst life insurers including Legal & General suffered a brutal sell-off, after Chancellor George Osborne unveiled the latest Budget....
Chancellor George Osborne unveiled a "dramatic" change in the ISA system in today's Budget.
Allianz Global Investors has introduced a new sterling share class on its Global Small Cap Equity fund with a lower annual management charge.
WHO TO WATCH
Dalton Strategic Partnership has cut the annual management fee on its Melchior Global Equity fund in a bid to offer retail investors alpha for the cost of a passive fund.
Fund buyers are selling their US passive holdings and buying into high conviction stockpickers as correlations in the market subside from historic highs.
M&G's Randeep Somel is looking to steer the £4.2bn Global Basics fund into new territory when he takes over from Graham French, buying technology, pharmaceuticals, and financials in a first for the portfolio.
Veteran fund manager Graham French is to leave M&G, handing over his Global Basics fund to his co-manager. Should holders of the fund consider other options?
Bill Gross' Pimco Total Return fund has lost its position as the largest mutual fund in the world after investors pulled over 13% of assets from the fund since the summer.
PIMCO, the world's largest bond house, lost its position as the best-selling fund group in Europe in the first half of the year.
SVM's World Equity fund, run by Neil Veitch, has benefited from a pickup in merger and acquisition (M&A) activity this year, with a number of takeover targets giving his fund a lift.
Canada Life Investments is planning to launch an onshore version of the Putnam Global High Yield Bond fund managed by its sister company Putnam Investments.
The AIM universe opened up to a wider audience this week as rules came in to force allowing these stocks to be included in ISAs. But which ones offer the most exciting opportunities?
Scott Jamieson, head of multi-asset investing at Kames Capital, is running his highest ever allocation to the US dollar in the view it could appreciate as much as 20%-25%.
RWC is to launch a global equity fund for Louise Keeling, who joined the group from Marathon Asset Management last month.
Investors are struggling to find ways to beat inflation in the UK, with savings accounts paying virtually nothing and bond yields squeezed by demand, but there are a number of funds out there which can deliver for investors.