JP Morgan

The S&P 500 has opened down 0.85%, with financials under pressure after J.P. Morgan reported its third quarter results.

The European investment trust sector has grown dividends faster than any other over the last five years, even outstripping commodities-focused investment trusts, with payouts increasing by a fifth.

Investment trust analysts have labelled the Henderson TR European Growth trust a ‘sell' following a move by manager Ollie Beckett to take it down the market-cap spectrum.

More than 150 UK domiciled funds - equivalent to 12% of the total universe of funds today - have raised annual management fees over the past decade, a new Lipper study has revealed.

NOT A DONE DEAL

J.P. Morgan has decided to close its £9m US Growth Alpha Plus fund as significant outflows have seen the portfolio dwindle in size.

JPMAM manager reveals concerns for high yield and the future of the central bank model

THE TOP TRUSTS FOR INCOME

Legal & General Investment Management's Simon Ellis has warned the low-cost active funds entering the market are not viable options for investors because of their low return targets.

J.P. Morgan Asset Management has launched an emerging markets multi-asset fund, managed by Nadia Grant, that will harness both its equity and fixed income expertise.