Standard Life Investments' Daniel McKernan has been buying in to bank debt in his £585m Corporate Bond fund as moves by regulators to shore up balance sheets seem set to boost prices.
Standard Life's Q1 figures have been bolstered by further inflows into SLI's flagship GARS fund, but elsewhere the group said it had seen annuity sales fall 50% after March's Budget announcement.
London's Gherkin skyscraper has entered receivership after one of its owners filed for insolvency.
Annuity provider Just Retirement has launched a one-year annuity following sweeping pension reforms announced in the recent Budget.
The UK Equity Income sector's total return outstripped other income-focused offerings in the last year, easily surpassing Asian, European and global equity market products. Does that make now a good time to switch?
Bond managers are becoming more bearish on peripheral Europe corporate debt, turning to core names and the US as spreads tighten to post-crisis lows.
The five best-selling UK All Companies funds saw more than £1bn in collective inflows in the first two months of the year, confirming UK equities are back at the top of investors' wishlists.
Standard Life Investments' EM managers Alistair Way and Mark Vincent are looking to stocks in the ‘fragile five' countries to generate performance in their funds.