Investors pile into Vanguard ETF despite launch of cheaper rival
European investors have piled into a Vanguard ETF tracking the S&P 500, despite the launch of a cheaper rival tracking US large-cap companies.
Author: Jessica Tasman-Jones
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Blackrock trust offers investors swift exit
Investors in the Blackrock Emerging Europe investment trust will be able to exit at the net asset value, a regulatory filing published on Wednesday said.
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Charles Stanley Direct ditches Woodford from buy list
Charles Stanley Direct has booted Woodford Equity Income from its preferred funds list on concerns about its exposure to early stage companies.
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Oil giants offside with investors worth $10trn
Climate change has landed major oil companies oil offside with a number of investors representing $10.4trn (£7.7bn, €8.8trn) worth of assets ahead of their annual general meetings (AGMs) over the next couple of weeks.
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Helena Morrissey jumps on gender equality fund trend
Legal & General Investment Management has become the latest fund manager to launch a passive fund tracking companies with diverse boards.
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M&G to shift £34bn to Europe on Brexit uncertainty
Fund manager M&G Investments is planning to transfer £34.2bn (€38.9bn, $46.2bn) of non-sterling assets to Luxembourg ahead of the UK’s exit from the European Union.
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Investment industry in limbo as HMRC appeals Hargreaves tax win
The UK tax office’s decision to appeal a £15m tax ruling in favour of financial services firm Hargreaves Lansdown has left the investment industry in limbo over discounts provided to investors in funds.
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Investec launches bond fund for rising interest rates
Investec Asset Management is targeting UK advisers and wealth managers with the launch of an Oeic version of its Global Total Return Credit Sicav, as it seeks to capture outflows from gilts and UK corporate bonds.
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Green light for LGIM’s Brexit plans
Legal & General Investment Management (LGIM) has been given the green light for its Brexit plans for European Union clients from the Irish regulator.
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AllianceBernstein confirms Brexit plans for UK clients
AllianceBernstein has confirmed it has a plan in place to launch an Oeic range for UK clients if Brexit turns sour.
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Columbia Threadneedle to move EU client assets ahead of Brexit
Columbia Threadneedle Investments will launch 13 Sicav versions of Oeics ahead of the UK’s exit from the European Union as the asset manager prepares to switch EU-based investors out of its UK-domiciled range into Luxembourg-domiciled alternatives.
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Lindsell Train staff pay averages £1m
Lindsell Train fee revenue has jumped, according to its latest financial statements, with performance fees almost tripling on the back of strong performance and inflows.