News

Emerging market turmoil causing significant outflows

Fears of unwinding of QE

Ousted IA chief plans investment management role

Private investments now 10% of portfolio

Fitch Ratings has said bond managers' efforts to improve the liquidity profile of their funds are still insufficient to meet redemptions if investors begin rushing for the exit.

Shares collapsed 60% since April

£1.5bn trust issues new shares

Ensure consumer protection

Reflects move to larger investment universe

Follows manager reshuffle