News

Manager urges investors not to focus on short-term performance as trust returns 81% over year to 31 March in contrast to last year's declines

Winterflood research claims liquidity issues are making smaller investment trusts less attractive to investors

Pictet Funds is rejecting subscriptions of over $1m (£689,000) into its flagship Emerging Local Currency

Index funds will play an increasing role in investor's portfolios as advisers reject the risk associated with seeking pure outperformance, Vanguard's Francis Kinniry says.

HSBC Asset Management's Jon Rebak has dropped Schroder Global Property Securities from the Open Global Return and Open Global Distribution funds since taking over less than three weeks ago.

The IMA is consulting members in a bid to address inconsistencies in reporting practices used by income managers.

Mike Pinggera, the head of Insight's multi-asset group, has added Axa's US Short Duration High Yield fund across the firm's range of portfolios.

Alliance Trust Asset Management is renaming its two Premier-branded funds as the final step towards bringing the funds in house.

David Coombs has boosted the investment trust holdings within his Rathbone Strategic Growth Portfolio as discounts to net asset value have narrowed.

Prudential has revealed the terms of its £14.5bn cash call, with the issue price set at more than an 80% discount to the insurer's closing level on Friday.