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ABI looks at sector for cash stability

The Association of British Insurers is consulting on plans for a new fund sector to help consumers choose the right money market fund. It would run in parallel with the money market sector but identify funds with a greater focus on capital stability.

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Manager focus: Laurence Taylor

The day the Global Large Cap Equity fund was launched, the Vix volatility index hit an all-time high of 80, Laurence Taylor, a portfolio specialist at T Rowe Price, recalls. “The markets were in phenomenal distress in October and November last year. It was a difficult time for a fund launch,” Taylor says. Last week, […]

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