View more on these topics

Blacksquare looks more to social media

Fund of funds manager Blacksquare Capital has recently revamped its IFA website to embrace the growing popularity of social media.

Blacksquare says its website is the second version it has built in a year and contains more features such as blogs, links to Twitter and Facebook and videos.

Monthly portfolio reviews and economic reviews are included as videos on the new-look site, providing information to IFAs and investors alongside traditional methods of communication such as monthly factsheets.

There are also quick links to fund prices and a download section that contains detailed information on the IFSL Blacksquare multi-manager and diversified absolute return funds of funds.

Chief executive Christopher Peel says: “Social media is driving business throughout the UK. We employed a consultancy firm who said this is how businesses are going to grow. Because our business is focused solely on the UK retail market, we want to give as much information to intermediaries as we can. With social media, we are communicating to people who want to be communicated to on their own terms as opposed to our terms.”

Blacksquare has already made use of video capabilities to highlight a couple of portfolio changes in its latest monthly portfolio review. In the multi-manager fund, it replaced the JP Morgan income opportunities fund with the Absolute Insight emerging market debt fund to focus on better risk-adjusted returns away from investmentgrade credit. In the diversified fund, the ML Graham systematic macro fund was replaced with the Man AHL diversity fund.

Peel says: “We were invested in Man AHL but it only offered a share class with monthly liquidity. We invested in ML Graham because it launched with daily liquidity but Man AHL now offers daily liquidity, so we are reversing back into the fund. We also believe Man AHL has better risk-adjusted returns.”


The ghost in the machine

Our panel debate the impact of the US downgrade on investment strategy, ask if social impact bonds are a case of the Government passing the buck to private investors and agree a market crash is not a foregone conclusion but that bad news is spooking the markets

FTSE rises in early trades

The FTSE 100 has risen by almost 1 per cent in early trades. At 9.54, the blue-chip index was up 0.89 per cent to stand at 5147.84 with Whitbread, Lloyds Banking Group and Royal Bank of Scotland making the largest gains. The French Cac 40 and the German Dax have also made small gains in […]


Aegon axes 116 jobs and scraps Aegon Direct

Aegon UK has cut 116 jobs from its life and pensions business and will close its Aegon Direct arm. The provider is to introduce new customer services and finance structures while its legal and sales areas will also be streamlined to reflect the refocus on at retirement and workplace savings. The firm is aiming to […]


Firms blame legacy business for poor complaint records

Towry, Norwich & Peterborough Building Society and AWD Chase de Vere are blaming their poor complaint records on legacy business. Data published by the Financial Ombudsman Service this week reveals that between January 1 and June 30, Towry and N&P each had 92 per cent of complaints upheld. The average uphold rate for all financial […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm