Investec Asset Managements Enhanced Natural Resources funds has outperformed its competitors as a result of its short exposure. Over the past year to May 30, the fund fell 0.71%, while the JPM Natural Resources fell 32.68% and First State Global Resources dropped 33.17%, according to Morningstar. Bradley George, who manages the fund alongside George Cheveley, […]
Wrap provider Nucleus is seeking to raise over £3m in a rights issue to pay back some of the company’s debt to South African insurer Sanlam.
Fitch has downgraded several more building societies’ debt ratings as well as some of their individual ratings.
Just Retirement has confirmed that it is in talks with a bidder interested in taking a majority stake in the company which would value the firm at £226m.
Loomis Sayles Senior Equity Strategist, Richard Skaggs, discusses what the key takeaways were for global markets during Q2 2016 and also talks about what may lie ahead for the second half of 2016. Click here for full article: Loomis Whitepaper
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BMO Global Asset Management fund manager Robert Burdett has more than halved the exposure to passive funds in most of the multi-manager funds amid fears of a bubble in the market. Burdett, who co-manages the £1.2bn F&C MM Navigator Distribution fund with Gary Potter, says the team has been cutting exposure to passive funds across […]
Opinion differs as to what has caused the advice gap. Some believe the move from commission to fees has made advice unaffordable for the mass market, with advisers having to focus on wealthier clients for commercial reasons, while others say the trend was happening anyway, regardless of the RDR. For Simplified Money director Lesley James, […]
Sales of protection policies are back at peak levels, with the sector growing by more than 20 per cent in the past year, despite adviser complaints over protection’s lack of popularity. According to the latest figures from Equifax Touchstone, sales of protection policies surpassed £149m between July and September this year — their highest level […]