Fixed income

US-USA-America-Federal-Reserve-Fed-700x450.jpg

How bond investors can exploit news-driven market dislocations

Long-term investors can sidestep the impact of short-lived news flow and steer portfolios through this shift in monetary policy Global central banks, led by the US Federal Reserve, have taken the initial steps along the path of monetary policy normalisation by scaling back quantitative easing programmes and raising base interest rates. As the period in […]

Liontrust assets up on new fund launches

Liontrust Asset Management has reported a 9 per cent increase in assets under management for the year to June on the back of new fund launches. The firm now has now reached £11.4bn in AUM, with net inflows in the first quarter of 2018 totalling £320m. Liontrust has made a number of hires in recent […]

Fund pickers cut Aberdeen Standard Investments from portfolios

Fund selectors are reassessing or excluding Aberdeen Standard Investments funds in their portfolios, as questions remain around how the investment teams will pan out post-merger. Standard Life and Aberdeen Asset Management completed their £11bn mega-merger in August. At that time there were around 168 funds from the groups in the Investment Association sectors to be […]

FCA logo new 2 620x430

FCA reviews preference share market following Aviva backlash

The FCA is reviewing the market for preference shares following the furore over Aviva’s recent decision to cancel its high-yielding preference shares at par value. FCA chief executive Andrew Bailey says in a Dear CEO letter that the regulator is reviewing the prevailing market for certain fixed income shares, particularly those classed as perpetual, irredeemable […]

How to… navigate the bond market

Advisers are facing tough choices when it comes to picking bond funds for their clients’ portfolios. Three top investors talk to Money Marketing to shed light on the recent market sell-off and how bonds have reacted to it. They also explain which features bonds need to have to survive a new environment of rising interest […]

Volatility fears take multi-asset fund sales to £1bn

High market volatility in February resulted in more retail investors using multi-asset fund managers and pushing net sales up to £1bn, new figures show. Data from the Investment Association tracking net retail fund sales in February show investors avoided both bond and equity funds with £235m and £136m outflows, respectively. In early February the US […]

File image of people meeting in office
4

Adviser to compensate client over 15% return bond investment

Personal Touch Financial Services must compensate a client for the unsuitable advice it gave to invest £41,000 into a bond promising high returns. According to a Financial Ombudsman Service decision, Mrs H complains she was given unsuitable investment advice by a financial adviser working for an appointed representative of PTFS. The case dates back to […]