Stronger than 2015
MFS Investment Management has expanded its range of income-generating products with the addition of US and Global Equity Income funds.
BlackRock has reduced the ongoing charges figure (OCF) on five of its most popular index funds with nearly £16bn in assets under management.
Ian Warmerdam, manager of the Henderson Global Growth fund, has been cutting exposure to the US and shifting to emerging markets, as the runaway performance of the US market has caused elevated stock values.
Lyxor Asset Management has joined forces with boutique firm Corsair Capital Management to launch a new alternative strategy with daily liquidity.
Aberdeen's Fran Radano and Paul Atkinson, managers of the £275m North American Income trust, said recent concerns about US earnings pressures have been overstated, as they question whether it is even possible to identify ‘normalised earnings' for this...
US equities: Bang for your buck?