View more on these topics

Fidelity MultiManager increases European exposure

Fidelity’s MultiManager Investment team has increased its European exposure within the Fidelity MultiManager distribution fund after adding Resolution Argonaut’s European equity income fund.

Fidelity says it hopes the addition of the first European equity income fund will allow it to exploit the attractive yields currently available in Europe.

Fidelity co-portfolio manager of MultiManager distribution fund Simon Mungall says until now the fund has benefited from exposure to European fixed income but Fidelity believes this move will bring additional diversification.

He says: “Currently, there are attractive yields available in Europe – as well as the positive impact of historically high earnings on corporate cash flows, we have seen dividend payout ratios increase in recent years as European companies play catch-up with their Anglo Saxon peers. The Resolution Argonaut European Income Fund is positioned to enable us to exploit this.”


Schroder global equity income receives A rating

Schroder’s new global equity income fund has been awarded an A rating from Standard & Poor’s. The fund was launched on May 18 and is managed by Sonja Schemmann. It consists of a concentrated portfolio of high yielding global equities with the aim of achieving longer term returns at lower volatility compared to the broader […]

Aegon looks for wider margins

Aegon UK says it plans to diversify into highermargin products and add scale by penetrating new distribution channels. It says it is currently ahead of its 2010 target plans to achieve a value of new business margin of at least 20 per cent and an overall market share in life and pensions of at least […]

Aegon bond fund goes monthly with income

Aegon Asset Management is to increase income payments on its high-yield bond fund to a monthly basis in the summer.The fund’s charging structure will be changed so that the annual charge is taken from capital rather than income in a bid to bolster the yield.From August 1, distributions will switch from their current quarterly basis […]

Retirement fund - thumbnail

What price (more) freedoms?

George Osborne will make his last Budget speech of the current parliamentary term this week, and the early media briefings suggest that pensions will again feature heavily in that statement. So what are we able to learn from the weekend’s coverage?


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