The multi-manager structure as we know it today - free of capital gains tax (CGT) for the buying and selling of funds within the wrapper and free of VAT - is 50 years old next year.
Not a lot of people know this - I did not until I recently chaired a roadshow with four of the industry's leading multi-managers. Given we are approaching the 100th anniversary of the launch of the...
Japanese stocks have more than doubled their returns since December 2012, on the back of Abenomics, but many investors are still not convinced of the sustainability of the rally.
Shares up 15% on Friday