Investment Week www.investmentweek.co.uk abrdn Property Income to enter managed wind-down after Custodian merger vote fails <img alt="abrdn Property Income to enter managed wind-down after Custodian merger vote fails" src="https://www.investmentweek.co.uk/api/v1/wps/52e4193/f2e8b238-7ee8-4bc8-8b7d-b1fe864f829e/29/Vote-185x114.jpg" /> <p><!--summary start--> The proposed merger between abrdn Property Income (API) and Custodian Property Income REIT (CREI) has been voted down by shareholders, triggering the trust to enter a managed wind-down as a result. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/52e4193/f2e8b238-7ee8-4bc8-8b7d-b1fe864f829e/29/Vote-185x114.jpg https://www.investmentweek.co.uk/news/4190713/abrdn-property-income-enter-managed-wind-custodian-merger-fails https://www.investmentweek.co.uk/news/4190713/abrdn-property-income-enter-managed-wind-custodian-merger-fails https://www.investmentweek.co.uk/news/4190713/abrdn-property-income-enter-managed-wind-custodian-merger-fails Thu, 28 Mar 2024 08:38:48 +0000 Home REIT offloads a further 63 properties for £6.1m <img alt="Home REIT offloads a further 63 properties for £6.1m" src="https://www.investmentweek.co.uk/api/v1/wps/58e4878/a5e6dfdd-3282-494a-9cf1-8226f9763308/14/Home-loans-185x114.jpg" /> <p><!--summary start--> Home REIT has sold a further 63 properties at a public auction for £6.1m, taking the total number of properties exchanged for sale to 708. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/58e4878/a5e6dfdd-3282-494a-9cf1-8226f9763308/14/Home-loans-185x114.jpg https://www.investmentweek.co.uk/news/4190718/home-reit-offloads-63-properties-gbp https://www.investmentweek.co.uk/news/4190718/home-reit-offloads-63-properties-gbp https://www.investmentweek.co.uk/news/4190718/home-reit-offloads-63-properties-gbp Thu, 28 Mar 2024 08:31:22 +0000 Revised GDP figures confirm UK economy fell into a recession last year <img alt="Revised GDP figures confirm UK economy fell into a recession last year" src="https://www.investmentweek.co.uk/api/v1/wps/940c1f1/11352700-347e-4202-adb1-4f450bdf67fa/10/uk-equities-009-185x114.jpg" /> <p><!--summary start--> The UK fell into a recession in the second half of last year, revised gross domestic product figures by the Office for National Statistics have confirmed. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/940c1f1/11352700-347e-4202-adb1-4f450bdf67fa/10/uk-equities-009-185x114.jpg https://www.investmentweek.co.uk/news/4190710/revised-gdp-figures-confirm-uk-economy-fell-recession-last https://www.investmentweek.co.uk/news/4190710/revised-gdp-figures-confirm-uk-economy-fell-recession-last https://www.investmentweek.co.uk/news/4190710/revised-gdp-figures-confirm-uk-economy-fell-recession-last Thu, 28 Mar 2024 08:26:54 +0000 Partner Content: Is the interest rate descent the time to harvest bonds? <img alt="Partner Content: Is the interest rate descent the time to harvest bonds? " src="https://www.investmentweek.co.uk/api/v1/wps/6ec3456/2139a989-2e48-4aab-a23d-5b2a3d1693ab/8/harvest1-185x114.jpg" /> <p><!--summary start--> <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/6ec3456/2139a989-2e48-4aab-a23d-5b2a3d1693ab/8/harvest1-185x114.jpg https://www.investmentweek.co.uk/sponsored/4190238/partner-content-interest-rate-descent-harvest-bonds https://www.investmentweek.co.uk/sponsored/4190238/partner-content-interest-rate-descent-harvest-bonds https://www.investmentweek.co.uk/sponsored/4190238/partner-content-interest-rate-descent-harvest-bonds Thu, 28 Mar 2024 06:28:10 +0000 Redwheel Global Horizon undergoes overhaul after $2.7bn outflows <img alt="Redwheel Global Horizon undergoes overhaul after $2.7bn outflows" src="https://www.investmentweek.co.uk/api/v1/wps/260b493/512c3622-187f-4404-a17b-3b720d1f2332/28/Improving-value-185x114.jpg" /> <p><!--summary start--> Redwheel has overhauled its Global Horizon fund following $2.7bn outflows, which followed the retirement announcement of founding portfolio manager Louise Keeling. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/260b493/512c3622-187f-4404-a17b-3b720d1f2332/28/Improving-value-185x114.jpg https://www.investmentweek.co.uk/news/4190358/redwheel-global-horizon-undergoes-overhaul-usd-7bn-outflows https://www.investmentweek.co.uk/news/4190358/redwheel-global-horizon-undergoes-overhaul-usd-7bn-outflows https://www.investmentweek.co.uk/news/4190358/redwheel-global-horizon-undergoes-overhaul-usd-7bn-outflows Wed, 27 Mar 2024 15:03:09 +0000 JP Morgan Indian co-manager steps down to take on JPMAM CEO role in Asia <img alt="JP Morgan Indian co-manager steps down to take on JPMAM CEO role in Asia" src="https://www.investmentweek.co.uk/api/v1/wps/370700e/cfffef97-6f95-4e79-8b6e-603ef2be82c8/16/people-moves-185x114.jpg" /> <p><!--summary start--> One of the co-managers of the JP Morgan Indian investment trust is stepping down to take on the role of CEO for JP Morgan Asset Management’s Singapore and South East Asia business. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/370700e/cfffef97-6f95-4e79-8b6e-603ef2be82c8/16/people-moves-185x114.jpg https://www.investmentweek.co.uk/news/4190342/jp-morgan-indian-manager-steps-jpmam-ceo-role-asia https://www.investmentweek.co.uk/news/4190342/jp-morgan-indian-manager-steps-jpmam-ceo-role-asia https://www.investmentweek.co.uk/news/4190342/jp-morgan-indian-manager-steps-jpmam-ceo-role-asia Wed, 27 Mar 2024 15:03:08 +0000 JP Morgan multi-asset trust chair joins Baillie Gifford China Growth board as chair retires <img alt="JP Morgan multi-asset trust chair joins Baillie Gifford China Growth board as chair retires" src="https://www.investmentweek.co.uk/api/v1/wps/0d6dfa2/05505d31-470c-4046-b9bd-e637c87911cf/37/people-moves-185x114.jpg" /> <p><!--summary start--> Sarah MacAulay, chair of Schroder Asian Total Return and JP Morgan Multi-Asset Growth & Income, has joined the board of the Baillie Gifford China Growth trust as a non-executive director. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/0d6dfa2/05505d31-470c-4046-b9bd-e637c87911cf/37/people-moves-185x114.jpg https://www.investmentweek.co.uk/news/4190346/jp-morgan-multi-asset-trust-chair-joins-baillie-gifford-china-growth-board-chair-retires https://www.investmentweek.co.uk/news/4190346/jp-morgan-multi-asset-trust-chair-joins-baillie-gifford-china-growth-board-chair-retires https://www.investmentweek.co.uk/news/4190346/jp-morgan-multi-asset-trust-chair-joins-baillie-gifford-china-growth-board-chair-retires Wed, 27 Mar 2024 15:02:41 +0000 Bank of England warns of sharp correction risk of 'stretched' asset prices <img alt="Bank of England warns of sharp correction risk of &#39;stretched&#39; asset prices" src="https://www.investmentweek.co.uk/api/v1/wps/0504f1e/d0965cbe-ddf6-4681-884d-72749ee4f2cd/24/bank-of-england-185x114.jpg" /> <p><!--summary start--> The Bank of England has issued a stark warning about the increasing risk of a “sharp correction” across a broad range of asset prices, including private equity. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/0504f1e/d0965cbe-ddf6-4681-884d-72749ee4f2cd/24/bank-of-england-185x114.jpg https://www.investmentweek.co.uk/news/4190372/bank-england-warns-sharp-correction-risk-stretched-asset-prices https://www.investmentweek.co.uk/news/4190372/bank-england-warns-sharp-correction-risk-stretched-asset-prices https://www.investmentweek.co.uk/news/4190372/bank-england-warns-sharp-correction-risk-stretched-asset-prices Wed, 27 Mar 2024 15:00:55 +0000 Outgoing Schroders UK wealth head Doug Abbott: Retail LTAF will offer alternative route to private markets <img alt="Outgoing Schroders UK wealth head Doug Abbott: Retail LTAF will offer alternative route to private markets" src="https://www.investmentweek.co.uk/api/v1/wps/12042f8/9e522d65-81e2-4536-a189-87cb6306871e/14/Doug-Abbott-185x114.jpg" /> <p><!--summary start--> Schroders has backed the creation and launch of a retail version of the long-term asset fund, despite widespread concerns about making such an institutional-style product available to less sophisticated investors. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/12042f8/9e522d65-81e2-4536-a189-87cb6306871e/14/Doug-Abbott-185x114.jpg https://www.investmentweek.co.uk/interview/4190286/outgoing-schroders-uk-wealth-head-doug-abbott-retail-ltaf-offer-alternative-route-private-markets https://www.investmentweek.co.uk/interview/4190286/outgoing-schroders-uk-wealth-head-doug-abbott-retail-ltaf-offer-alternative-route-private-markets https://www.investmentweek.co.uk/interview/4190286/outgoing-schroders-uk-wealth-head-doug-abbott-retail-ltaf-offer-alternative-route-private-markets Wed, 27 Mar 2024 14:47:42 +0000 Former JOHCM EUKA distribution head Voskamp resurfaces at Newton IM <img alt="Former JOHCM EUKA distribution head Voskamp resurfaces at Newton IM" src="https://www.investmentweek.co.uk/api/v1/wps/f5316e5/459d2a92-b0d4-46e6-a040-109a693fa4d9/31/TJ-Voskamp-185x114.jpg" /> <p><!--summary start--> Former JO Hambro Capital Management UK, Europe and Asia distribution boss Tjeerd Voskamp has resurfaced in a similar role at Newton Investment Management. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/f5316e5/459d2a92-b0d4-46e6-a040-109a693fa4d9/31/TJ-Voskamp-185x114.jpg https://www.investmentweek.co.uk/news/4190371/former-johcm-euka-distribution-head-voskamp-resurfaces-newton-im https://www.investmentweek.co.uk/news/4190371/former-johcm-euka-distribution-head-voskamp-resurfaces-newton-im https://www.investmentweek.co.uk/news/4190371/former-johcm-euka-distribution-head-voskamp-resurfaces-newton-im Wed, 27 Mar 2024 14:46:39 +0000 SMT's Tom Slater: We are not a repeat of the Elliott and Alliance trust saga <img alt="SMT&#39;s Tom Slater: We are not a repeat of the Elliott and Alliance trust saga " src="https://www.investmentweek.co.uk/api/v1/wps/6f98f59/fe84d250-f575-45e9-9227-89d41ff394c1/2/Slater-Tom-0586-min-185x114.jpg" /> <p><!--summary start--> Managers of Baillie Gifford’s flagship Scottish Mortgage trust have defended its independent authority in the face of investor concerns about activist investor Elliott Management, after the latter became the company’s largest individual investor, with a 5% stake. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/6f98f59/fe84d250-f575-45e9-9227-89d41ff394c1/2/Slater-Tom-0586-min-185x114.jpg https://www.investmentweek.co.uk/news/4190010/smts-tom-slater-repeat-elliott-alliance-trust-saga https://www.investmentweek.co.uk/news/4190010/smts-tom-slater-repeat-elliott-alliance-trust-saga https://www.investmentweek.co.uk/news/4190010/smts-tom-slater-repeat-elliott-alliance-trust-saga Wed, 27 Mar 2024 11:27:24 +0000 St James's Place appoints senior investment specialist to newly formed CIO office <img alt="St James&#39;s Place appoints senior investment specialist to newly formed CIO office" src="https://www.investmentweek.co.uk/api/v1/wps/972beb0/0046f2c7-3c28-4f02-b757-dc2eb9aa26b4/14/Corinne-Headshot-185x114.jpg" /> <p><!--summary start--> St James’s Place has hired Corinne Lord as a senior investment specialist to join its newly created CIO office, in a push to improve its investment transparency. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/972beb0/0046f2c7-3c28-4f02-b757-dc2eb9aa26b4/14/Corinne-Headshot-185x114.jpg https://www.investmentweek.co.uk/news/4190284/st-jamess-appoints-senior-investment-specialist-newly-formed-cio-office https://www.investmentweek.co.uk/news/4190284/st-jamess-appoints-senior-investment-specialist-newly-formed-cio-office https://www.investmentweek.co.uk/news/4190284/st-jamess-appoints-senior-investment-specialist-newly-formed-cio-office Wed, 27 Mar 2024 11:21:07 +0000 BoE rate setter Catherine Mann: Markets are pricing in 'too many' cuts <img alt="BoE rate setter Catherine Mann: Markets are pricing in &#39;too many&#39; cuts" src="https://www.investmentweek.co.uk/api/v1/wps/a209081/4e7979d7-6245-49e8-965e-553fe1c156ea/27/MANN-Catherine-BoE-2-CC-185x114.jpg" /> <p><!--summary start--> Bank of England Monetary Policy Committee member Catherine Mann said markets are pricing in “too many” rate cuts for the current year. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/a209081/4e7979d7-6245-49e8-965e-553fe1c156ea/27/MANN-Catherine-BoE-2-CC-185x114.jpg https://www.investmentweek.co.uk/news/4190265/boe-rate-setter-catherine-mann-markets-pricing-cuts https://www.investmentweek.co.uk/news/4190265/boe-rate-setter-catherine-mann-markets-pricing-cuts https://www.investmentweek.co.uk/news/4190265/boe-rate-setter-catherine-mann-markets-pricing-cuts Wed, 27 Mar 2024 11:17:13 +0000 FundCalibre's Schooling Latter: The shifting sentiment in Europe <img alt="FundCalibre&#39;s Schooling Latter: The shifting sentiment in Europe " src="https://www.investmentweek.co.uk/api/v1/wps/cf2bf20/91ddaa95-93e6-436c-819a-f79eb393c454/19/Juliet-Schooling-backround-185x114.jpg" /> <p><!--summary start--> This month’s Investment Association statistics reflected some familiar themes: the popularity of the US, the unpopularity of the UK and a general shrug towards Asia. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/cf2bf20/91ddaa95-93e6-436c-819a-f79eb393c454/19/Juliet-Schooling-backround-185x114.jpg https://www.investmentweek.co.uk/opinion/4189330/fundcalibres-schooling-shifting-sentiment-europe https://www.investmentweek.co.uk/opinion/4189330/fundcalibres-schooling-shifting-sentiment-europe https://www.investmentweek.co.uk/opinion/4189330/fundcalibres-schooling-shifting-sentiment-europe Wed, 27 Mar 2024 11:15:59 +0000 Partner Insight: How effective are impact investments? <img alt="Partner Insight: How effective are impact investments? " src="https://www.investmentweek.co.uk/api/v1/wps/151b6f2/2c3fa212-07f8-4557-8bd1-17cb77125e05/7/iStock-1346504071-185x114.jpg" /> <p><!--summary start--> <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/151b6f2/2c3fa212-07f8-4557-8bd1-17cb77125e05/7/iStock-1346504071-185x114.jpg https://www.investmentweek.co.uk/sponsored/4179524/partner-insight-effective-impact-investments https://www.investmentweek.co.uk/sponsored/4179524/partner-insight-effective-impact-investments https://www.investmentweek.co.uk/sponsored/4179524/partner-insight-effective-impact-investments Wed, 27 Mar 2024 10:14:07 +0000 abrdn Asian Income fund discount widens despite positive performance <img alt="abrdn Asian Income fund discount widens despite positive performance" src="https://www.investmentweek.co.uk/api/v1/wps/25f1be6/8deeb921-e3e7-4e97-a264-da827ce87c12/5/fund-flows-185x114.jpg" /> <p><!--summary start--> abrdn Asian Income fund (AAIF) has posted positive performance for the year to 31 December 2023, but its discount has widened due to an “imbalance between supply and demand”, as more investors sold investment trusts. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/25f1be6/8deeb921-e3e7-4e97-a264-da827ce87c12/5/fund-flows-185x114.jpg https://www.investmentweek.co.uk/news/4190219/abrdn-asian-income-fund-discount-widens-despite-positive-performance https://www.investmentweek.co.uk/news/4190219/abrdn-asian-income-fund-discount-widens-despite-positive-performance https://www.investmentweek.co.uk/news/4190219/abrdn-asian-income-fund-discount-widens-despite-positive-performance Wed, 27 Mar 2024 08:29:05 +0000 JP Morgan American chair to retire after ten years <img alt="JP Morgan American chair to retire after ten years" src="https://www.investmentweek.co.uk/api/v1/wps/1328311/840a35ee-8365-4530-876a-14fd9f5cc080/13/exit-185x114.jpg" /> <p><!--summary start--> JP Morgan American investment trust’s chair Kevin Carter is set to retire on 15 May, amid the retirement of two managers, according to its annual report published today (27 March). <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/1328311/840a35ee-8365-4530-876a-14fd9f5cc080/13/exit-185x114.jpg https://www.investmentweek.co.uk/news/4190215/jp-morgan-american-chair-retire https://www.investmentweek.co.uk/news/4190215/jp-morgan-american-chair-retire https://www.investmentweek.co.uk/news/4190215/jp-morgan-american-chair-retire Wed, 27 Mar 2024 08:27:20 +0000 Partner Insight: High-yield investors should keep a close eye on the default cycle <img alt="Partner Insight: High-yield investors should keep a close eye on the default cycle " src="https://www.investmentweek.co.uk/api/v1/wps/922bbca/768f3b3f-53a6-46f3-8704-bde88f1c52da/11/Wellington-HYB-Spotlight-Bird-185x114.jpg" /> <p><!--summary start--> <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/922bbca/768f3b3f-53a6-46f3-8704-bde88f1c52da/11/Wellington-HYB-Spotlight-Bird-185x114.jpg https://www.investmentweek.co.uk/sponsored/4183697/spotlight-wellington-management-high-yield-bonds https://www.investmentweek.co.uk/sponsored/4183697/spotlight-wellington-management-high-yield-bonds https://www.investmentweek.co.uk/sponsored/4183697/spotlight-wellington-management-high-yield-bonds Wed, 27 Mar 2024 07:04:31 +0000 FCA warns firms and finfluencers to 'keep social media ads lawful' <img alt="FCA warns firms and finfluencers to &#39;keep social media ads lawful&#39;" src="https://www.investmentweek.co.uk/api/v1/wps/d1440e0/00e9b2fc-0672-4007-9913-37b6f60b452b/15/fca-reception-3-185x114.jpg" /> <p><!--summary start--> Guidance for memes, reels and gaming streams promoting financial services has been published by the Financial Conduct Authority. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/d1440e0/00e9b2fc-0672-4007-9913-37b6f60b452b/15/fca-reception-3-185x114.jpg https://www.investmentweek.co.uk/news/4189953/fca-warns-firms-finfluencers-social-media-ads-lawful https://www.investmentweek.co.uk/news/4189953/fca-warns-firms-finfluencers-social-media-ads-lawful https://www.investmentweek.co.uk/news/4189953/fca-warns-firms-finfluencers-social-media-ads-lawful Tue, 26 Mar 2024 15:23:03 +0000 BlackRock's Larry Fink: 'Portfolio of the future' includes private markets <img alt="BlackRock&#39;s Larry Fink: &#39;Portfolio of the future&#39; includes private markets" src="https://www.investmentweek.co.uk/api/v1/wps/be856c5/82fe1c07-c4dd-4ad6-b2b4-4ca73a5a5485/12/UK-Infrastructure-185x114.jpg" /> <p><!--summary start--> BlackRock CEO Larry Fink said the “portfolio of the future” includes private markets, describing them as a “primary growth driver” for the world’s largest asset manager in the coming years, due to the potential within infrastructure investments. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/be856c5/82fe1c07-c4dd-4ad6-b2b4-4ca73a5a5485/12/UK-Infrastructure-185x114.jpg https://www.investmentweek.co.uk/news/4189936/blackrocks-larry-fink-portfolio-future-includes-private-markets https://www.investmentweek.co.uk/news/4189936/blackrocks-larry-fink-portfolio-future-includes-private-markets https://www.investmentweek.co.uk/news/4189936/blackrocks-larry-fink-portfolio-future-includes-private-markets Tue, 26 Mar 2024 15:21:14 +0000 Investment Association urges FCA to retain shareholder protections in revamped listings regime <img alt="Investment Association urges FCA to retain shareholder protections in revamped listings regime" src="https://www.investmentweek.co.uk/api/v1/wps/ad263ac/6b7c9da3-0f54-45f5-bfe6-cf6d98bb615d/8/FCA-roi-1-185x114.jpg" /> <p><!--summary start--> The Investment Association has called on the Financial Conduct Authority to rethink the watering down of shareholder protections as part of its proposals to reform the UK listings regime. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/ad263ac/6b7c9da3-0f54-45f5-bfe6-cf6d98bb615d/8/FCA-roi-1-185x114.jpg https://www.investmentweek.co.uk/news/4189929/investment-association-urges-fca-retain-shareholder-protections-revamped-listings-regime https://www.investmentweek.co.uk/news/4189929/investment-association-urges-fca-retain-shareholder-protections-revamped-listings-regime https://www.investmentweek.co.uk/news/4189929/investment-association-urges-fca-retain-shareholder-protections-revamped-listings-regime Tue, 26 Mar 2024 15:09:10 +0000 Life Science REIT halves dividend payout amid 'macroeconomic uncertainty' <img alt="Life Science REIT halves dividend payout amid &#39;macroeconomic uncertainty&#39;" src="https://www.investmentweek.co.uk/api/v1/wps/aca56f5/64c19650-b4c3-4bc8-861f-3196c9e4f53e/9/laboratory-hospital-health-doctor-185x114.jpg" /> <p><!--summary start--> The uncertain macroeconomic environment has forced Life Science REIT to halve its 2023 dividend, as its portfolio valuation slumped. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/aca56f5/64c19650-b4c3-4bc8-861f-3196c9e4f53e/9/laboratory-hospital-health-doctor-185x114.jpg https://www.investmentweek.co.uk/news/4189911/life-science-reit-halves-dividend-payout-amid-macroeconomic-uncertainty https://www.investmentweek.co.uk/news/4189911/life-science-reit-halves-dividend-payout-amid-macroeconomic-uncertainty https://www.investmentweek.co.uk/news/4189911/life-science-reit-halves-dividend-payout-amid-macroeconomic-uncertainty Tue, 26 Mar 2024 15:04:09 +0000 Passive asset managers pick up steam in fund selector rankings <img alt="Passive asset managers pick up steam in fund selector rankings" src="https://www.investmentweek.co.uk/api/v1/wps/8b16f6d/b6c5e09e-59a7-4263-a284-b031235eea4f/45/passive-investing-185x114.jpg" /> <p><!--summary start--> Passive asset managers gained momentum in the top European asset management brand rankings, according to a report by Broadbridge. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/8b16f6d/b6c5e09e-59a7-4263-a284-b031235eea4f/45/passive-investing-185x114.jpg https://www.investmentweek.co.uk/news/4189765/passive-asset-managers-pick-steam-fund-selector-rankings https://www.investmentweek.co.uk/news/4189765/passive-asset-managers-pick-steam-fund-selector-rankings https://www.investmentweek.co.uk/news/4189765/passive-asset-managers-pick-steam-fund-selector-rankings Tue, 26 Mar 2024 11:31:10 +0000 BlackRock launches two active iShares ETFs in Europe <img alt="BlackRock launches two active iShares ETFs in Europe" src="https://www.investmentweek.co.uk/api/v1/wps/d7e349e/12b200e3-ea39-4ef8-bdf8-df9b9610ef21/14/europe-185x114.jpg" /> <p><!--summary start--> BlackRock has launched two active equity income ETFs in Europe, the first time it has brought this type of strategy to the region. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/d7e349e/12b200e3-ea39-4ef8-bdf8-df9b9610ef21/14/europe-185x114.jpg https://www.investmentweek.co.uk/news/4189778/blackrock-launches-active-ishares-etfs-europe https://www.investmentweek.co.uk/news/4189778/blackrock-launches-active-ishares-etfs-europe https://www.investmentweek.co.uk/news/4189778/blackrock-launches-active-ishares-etfs-europe Tue, 26 Mar 2024 11:20:00 +0000 Robeco expands emerging markets equity range with ex-China strategy <img alt="Robeco expands emerging markets equity range with ex-China strategy" src="https://www.investmentweek.co.uk/api/v1/wps/9988bd7/8d19a4a2-90ef-49a4-8572-829b7e121c2a/9/emerging-markets-185x114.jpg" /> <p><!--summary start--> Robeco has become the latest asset manager to launch an emerging markets ex-China equities fund, which allows investors to calibrate their China exposure separately. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/9988bd7/8d19a4a2-90ef-49a4-8572-829b7e121c2a/9/emerging-markets-185x114.jpg https://www.investmentweek.co.uk/news/4189771/robeco-expands-emerging-markets-equity-range-china-strategy https://www.investmentweek.co.uk/news/4189771/robeco-expands-emerging-markets-equity-range-china-strategy https://www.investmentweek.co.uk/news/4189771/robeco-expands-emerging-markets-equity-range-china-strategy Tue, 26 Mar 2024 11:13:15 +0000 JPM AM's Hugh Gimber: Thinking more broadly about EM stocks <img alt="JPM AM&#39;s Hugh Gimber: Thinking more broadly about EM stocks" src="https://www.investmentweek.co.uk/api/v1/wps/8bb8fd9/33f69b32-d9d0-4099-997f-bf5449aff935/19/GIMBER-Hugh-JP-Morgan-2022-edited-185x114.jpg" /> <p><!--summary start--> If client conversations over recent months are anything to go by, it seems that many investors are losing faith in the emerging markets. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/8bb8fd9/33f69b32-d9d0-4099-997f-bf5449aff935/19/GIMBER-Hugh-JP-Morgan-2022-edited-185x114.jpg https://www.investmentweek.co.uk/opinion/4184041/jpm-ams-hugh-gimber-thinking-broadly-about-em-stocks https://www.investmentweek.co.uk/opinion/4184041/jpm-ams-hugh-gimber-thinking-broadly-about-em-stocks https://www.investmentweek.co.uk/opinion/4184041/jpm-ams-hugh-gimber-thinking-broadly-about-em-stocks Tue, 26 Mar 2024 10:53:51 +0000 Four Home REIT properties uncovered as sophisticated cannabis grow operations <img alt="Four Home REIT properties uncovered as sophisticated cannabis grow operations" src="https://www.investmentweek.co.uk/api/v1/wps/204b0fc/ec2d956e-8781-49fe-a0f6-a49d0b6b8b1b/14/Room-185x114.png" /> <p><!--summary start--> Four properties owned by beleaguered investment trust Home REIT were utilised to grow cannabis in sophisticated operations across Derby and Scarborough, an Investment Week investigation has found. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/204b0fc/ec2d956e-8781-49fe-a0f6-a49d0b6b8b1b/14/Room-185x114.png https://www.investmentweek.co.uk/analysis/4189186/home-reit-properties-uncovered-sophisticated-cannabis-grow-operations https://www.investmentweek.co.uk/analysis/4189186/home-reit-properties-uncovered-sophisticated-cannabis-grow-operations https://www.investmentweek.co.uk/analysis/4189186/home-reit-properties-uncovered-sophisticated-cannabis-grow-operations Tue, 26 Mar 2024 09:00:40 +0000 Fidelity Emerging Markets tender offer oversubscribed by nearly six times <img alt="Fidelity Emerging Markets tender offer oversubscribed by nearly six times" src="https://www.investmentweek.co.uk/api/v1/wps/9295c73/fa3b870e-8dee-4061-8162-3b6a31f8ad36/7/shares-185x114.jpg" /> <p><!--summary start--> Fidelity Emerging Markets’ (FEML) tender offer for up to 14.99% of shares in issue has been oversubscribed by nearly six times. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/9295c73/fa3b870e-8dee-4061-8162-3b6a31f8ad36/7/shares-185x114.jpg https://www.investmentweek.co.uk/news/4189663/fidelity-emerging-markets-tender-offer-oversubscribed-nearly-times https://www.investmentweek.co.uk/news/4189663/fidelity-emerging-markets-tender-offer-oversubscribed-nearly-times https://www.investmentweek.co.uk/news/4189663/fidelity-emerging-markets-tender-offer-oversubscribed-nearly-times Tue, 26 Mar 2024 08:33:29 +0000 JP Morgan Emerging EMEA Securities co-manager exits after one year <img alt="JP Morgan Emerging EMEA Securities co-manager exits after one year" src="https://www.investmentweek.co.uk/api/v1/wps/f03f4f0/6aea174b-4571-435d-bd14-3093dbd0fb3d/14/exit-185x114.jpg" /> <p><!--summary start--> JP Morgan Emerging EMEA Securities portfolio manager Pandora Omaset has left the firm after just over one year managing the trust. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/f03f4f0/6aea174b-4571-435d-bd14-3093dbd0fb3d/14/exit-185x114.jpg https://www.investmentweek.co.uk/news/4189635/jp-morgan-emerging-emea-securities-manager-exits https://www.investmentweek.co.uk/news/4189635/jp-morgan-emerging-emea-securities-manager-exits https://www.investmentweek.co.uk/news/4189635/jp-morgan-emerging-emea-securities-manager-exits Tue, 26 Mar 2024 08:32:50 +0000 Digital 9 Infrastructure shareholders overwhelmingly back wind-down policy <img alt="Digital 9 Infrastructure shareholders overwhelmingly back wind-down policy" src="https://www.investmentweek.co.uk/api/v1/wps/f0a134a/f8e2ca34-27b1-4894-ab66-39e02d80288c/5/iStock-485983391-185x114.jpg" /> <p><!--summary start--> An overwhelming majority of Digital 9 Infrastructure (DGI9) shareholders have approved the investment objective of winding down the trust in a general meeting on Monday (25 March). <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/f0a134a/f8e2ca34-27b1-4894-ab66-39e02d80288c/5/iStock-485983391-185x114.jpg https://www.investmentweek.co.uk/news/4189644/digital-infrastructure-shareholders-overwhelmingly-wind-policy https://www.investmentweek.co.uk/news/4189644/digital-infrastructure-shareholders-overwhelmingly-wind-policy https://www.investmentweek.co.uk/news/4189644/digital-infrastructure-shareholders-overwhelmingly-wind-policy Tue, 26 Mar 2024 08:13:13 +0000 Morningstar downgrades Fundsmith Equity due to 'wrongly timed' exits <img alt="Morningstar downgrades Fundsmith Equity due to &#39;wrongly timed&#39; exits" src="https://www.investmentweek.co.uk/api/v1/wps/bd9e073/6822d707-c286-45e3-b957-80ebc5fa9fa2/35/SMITH-Terry-Fundsmith-2023-185x114.jpg" /> <p><!--summary start--> Morningstar has downgraded Fundsmith Equity from 'Gold' to 'Silver' after a “number of missteps” on four recent stock sales "hurt performance". <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/bd9e073/6822d707-c286-45e3-b957-80ebc5fa9fa2/35/SMITH-Terry-Fundsmith-2023-185x114.jpg https://www.investmentweek.co.uk/news/4189393/morningstar-downgrades-fundsmith-equity-wrongly-timed-exits https://www.investmentweek.co.uk/news/4189393/morningstar-downgrades-fundsmith-equity-wrongly-timed-exits https://www.investmentweek.co.uk/news/4189393/morningstar-downgrades-fundsmith-equity-wrongly-timed-exits Mon, 25 Mar 2024 16:12:02 +0000 Swiss Life Asset Managers UK chair to step down <img alt="Swiss Life Asset Managers UK chair to step down" src="https://www.investmentweek.co.uk/api/v1/wps/caa4cd2/3ee081d9-b822-45c7-ad1b-ae9d70a9f8fa/17/exit-185x114.jpg" /> <p><!--summary start--> Swiss Life Asset Managers UK chair and former CEO James Thornton is set to leave the business on 30 April. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/caa4cd2/3ee081d9-b822-45c7-ad1b-ae9d70a9f8fa/17/exit-185x114.jpg https://www.investmentweek.co.uk/news/4189306/swiss-life-asset-managers-uk-chair-step https://www.investmentweek.co.uk/news/4189306/swiss-life-asset-managers-uk-chair-step https://www.investmentweek.co.uk/news/4189306/swiss-life-asset-managers-uk-chair-step Mon, 25 Mar 2024 15:08:35 +0000 Head of UK wealth Doug Abbott exits Schroders for Vanguard after 15 years <img alt="Head of UK wealth Doug Abbott exits Schroders for Vanguard after 15 years" src="https://www.investmentweek.co.uk/api/v1/wps/b91a6e2/8ba6217c-1c21-4fc5-b087-ed13b106c9f2/14/Abbott-Douglas-crop-185x114.jpg" /> <p><!--summary start--> Doug Abbott, head of UK Wealth at Schroders, is set to depart the firm after 15 years, having joined the asset manager as a graduate trainee in 2008, Investment Week can reveal. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/b91a6e2/8ba6217c-1c21-4fc5-b087-ed13b106c9f2/14/Abbott-Douglas-crop-185x114.jpg https://www.investmentweek.co.uk/news/4189260/head-uk-wealth-doug-abbott-exits-schroders-vanguard https://www.investmentweek.co.uk/news/4189260/head-uk-wealth-doug-abbott-exits-schroders-vanguard https://www.investmentweek.co.uk/news/4189260/head-uk-wealth-doug-abbott-exits-schroders-vanguard Mon, 25 Mar 2024 11:49:25 +0000 Baillie Gifford Shin Nippon commits to performance-based tender offer amid weak five-year returns <img alt="Baillie Gifford Shin Nippon commits to performance-based tender offer amid weak five-year returns" src="https://www.investmentweek.co.uk/api/v1/wps/8273aeb/28424abb-9e08-452e-8de9-a01e38d1d8a6/32/japan-sunrise-185x114.jpg" /> <p><!--summary start--> Baillie Gifford Shin Nippon has committed to a one-off performance-triggered tender offer for up to 15% of its share capital, in light of the trust's weak returns over the past five years. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/8273aeb/28424abb-9e08-452e-8de9-a01e38d1d8a6/32/japan-sunrise-185x114.jpg https://www.investmentweek.co.uk/news/4189227/baillie-gifford-shin-nippon-commits-performance-tender-offer-amid-weak-returns https://www.investmentweek.co.uk/news/4189227/baillie-gifford-shin-nippon-commits-performance-tender-offer-amid-weak-returns https://www.investmentweek.co.uk/news/4189227/baillie-gifford-shin-nippon-commits-performance-tender-offer-amid-weak-returns Mon, 25 Mar 2024 11:25:37 +0000 Princess Private Equity sets out share buyback policy as it eyes rebrand <img alt="Princess Private Equity sets out share buyback policy as it eyes rebrand" src="https://www.investmentweek.co.uk/api/v1/wps/575c38b/8914eda4-4346-47e8-a0df-17aa367af5bc/22/Funding-money-GBP-notes-185x114.jpg" /> <p><!--summary start--> Princess Private Equity Holding (PEY) trust has updated its share buyback policy due to its “high” discount. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/575c38b/8914eda4-4346-47e8-a0df-17aa367af5bc/22/Funding-money-GBP-notes-185x114.jpg https://www.investmentweek.co.uk/news/4189198/princess-private-equity-holding-sets-share-buyback-policy-eyes-rebrand https://www.investmentweek.co.uk/news/4189198/princess-private-equity-holding-sets-share-buyback-policy-eyes-rebrand https://www.investmentweek.co.uk/news/4189198/princess-private-equity-holding-sets-share-buyback-policy-eyes-rebrand Mon, 25 Mar 2024 11:24:59 +0000 UBP poaches Brown Shipley investment adviser <img alt="UBP poaches Brown Shipley investment adviser" src="https://www.investmentweek.co.uk/api/v1/wps/98296e0/840a35ee-8365-4530-876a-14fd9f5cc080/19/exit-185x114.jpg" /> <p><!--summary start--> Union Bancaire Privee has hired Brown Shipley's Boryana Perfanova as a senior investment adviser. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/98296e0/840a35ee-8365-4530-876a-14fd9f5cc080/19/exit-185x114.jpg https://www.investmentweek.co.uk/news/4189172/ubp-poaches-brown-shipley-investment-adviser https://www.investmentweek.co.uk/news/4189172/ubp-poaches-brown-shipley-investment-adviser https://www.investmentweek.co.uk/news/4189172/ubp-poaches-brown-shipley-investment-adviser Mon, 25 Mar 2024 11:10:09 +0000 Early redemption fees are the 'wrong solution' to semi-liquid fund gatings <img alt="Early redemption fees are the &#39;wrong solution&#39; to semi-liquid fund gatings" src="https://www.investmentweek.co.uk/api/v1/wps/f0c8f5e/4dc51f00-a97a-4fc5-88b6-b16221990b59/36/Maurine-Tric-3164-185x114.jpg" /> <p><!--summary start--> Early exit fees are the “wrong solution” to the gating stories that have emerged from semi-liquid private markets funds, experts have said, while pointing to a better sales pitch and education as the potential answer. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/f0c8f5e/4dc51f00-a97a-4fc5-88b6-b16221990b59/36/Maurine-Tric-3164-185x114.jpg https://www.investmentweek.co.uk/news/4188918/redemption-fees-wrong-solution-semi-liquid-fund-gating-concerns https://www.investmentweek.co.uk/news/4188918/redemption-fees-wrong-solution-semi-liquid-fund-gating-concerns https://www.investmentweek.co.uk/news/4188918/redemption-fees-wrong-solution-semi-liquid-fund-gating-concerns Mon, 25 Mar 2024 11:07:35 +0000 Friday Briefing: Livin' on a prayer <img alt="Friday Briefing: Livin&#39; on a prayer" src="https://www.investmentweek.co.uk/api/v1/wps/b139369/0356e49a-5515-4fc4-be9a-ad7e0a145d46/14/BAXTER-DERRINGTON-James-friday-briefing-185x114.jpg" /> <p><!--summary start--> Excuse the subject line but I’ve not been able to get it out of my head since reading News Editor Valeria Martinez’s fascinating conversation with AEW Europe CEO Rob Wilkinson, whose firm took on management of Home REIT at the top of last summer. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/b139369/0356e49a-5515-4fc4-be9a-ad7e0a145d46/14/BAXTER-DERRINGTON-James-friday-briefing-185x114.jpg https://www.investmentweek.co.uk/opinion/4189209/friday-briefing-livin-prayer https://www.investmentweek.co.uk/opinion/4189209/friday-briefing-livin-prayer https://www.investmentweek.co.uk/opinion/4189209/friday-briefing-livin-prayer Mon, 25 Mar 2024 10:51:55 +0000 US Solar Fund eyes share buybacks as NAV falls 20% over 2023 <img alt="US Solar Fund eyes share buybacks as NAV falls 20% over 2023" src="https://www.investmentweek.co.uk/api/v1/wps/bcf8d41/0d44c186-c146-4906-98e8-39548ba16b11/12/110621p8solarpanelGettyImages-1253046323-Main-185x114.jpg" /> <p><!--summary start--> US Solar Fund is set to reveal the outcome of a range of potential solutions to bolster the company’s cash flow and return capital to shareholders, as the audited net asset value of the trust fell roughly 20% over the course of 2023. <!--summary end--></p> https://www.investmentweek.co.uk/api/v1/wps/bcf8d41/0d44c186-c146-4906-98e8-39548ba16b11/12/110621p8solarpanelGettyImages-1253046323-Main-185x114.jpg https://www.investmentweek.co.uk/news/4189150/us-solar-fund-eyes-share-buybacks-nav-falls-2023 https://www.investmentweek.co.uk/news/4189150/us-solar-fund-eyes-share-buybacks-nav-falls-2023 https://www.investmentweek.co.uk/news/4189150/us-solar-fund-eyes-share-buybacks-nav-falls-2023 Mon, 25 Mar 2024 08:37:04 +0000