L&G ups UK property fund valuation by 5%
The price of Legal & General’s UK Property Fund rose by 4.3% after repricing the charge it imposed on people who wanted to withdraw cash from the fund.
Author: Kristen McGachey
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Chasing high dividend yields can make you poorer says Guinness
Targeting companies with high dividends yields is more likely to hurt long-term growth prospects than create greater returns, according to Matthew Page of Guinness Asset Management.
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Global ETF assets growth not dragged down by regulation
Global ETF assets under management is expected to climb to $7trn (£5.4trn, €6.3trn) by 2021 facilitated by steady growth in the North American, European and Asian markets, a new PwC survey shows.
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Don’t give up on UK dividends
From mid-caps to life insurance companies, wealth managers and oil giants, there are still plenty of opportunities for income earning post-Brexit, argue UK equity income managers.
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EM equities poised for multi-year bull run
Brexit-fuelled uncertainty has highlighted the growth potential of emerging markets equities and could signal the start of a multi-year bull run, says Didier Rabattu, head of global equities at Lombard Odier Investment Managers.
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Watch for sterling swings and recovery in commodities – RLAM
With the Fed keeping rates on hold and sterling under pressure, it is a good time to look for dips in commodities and increase exposure to emerging market equities, says Trevor Greetham, head of multi-asset at Royal London Asset Management.
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UK fund trade body working to improve fee disclosure rules
The UK’s Investment Association (IA) has assembled an independent advisory board of established industry figures to create a standardised disclosure framework for investment costs.
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Booze and tobacco boost post-Brexit UK bond market
The success of Brown-Forman’s and British American Tobacco’s (BAT) sterling bond issuance Thursday proves investors are still jonesing for quality UK bonds, said Chris Bowie, portfolio manager at TwentyFour Asset Management.
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Don’t underestimate the size of the passporting problem
The solution to the post-Brexit passporting problem is not as simple as setting up a brass plaque company inside the EU, according to financial regulatory lawyers Hogan Lovells.
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Micro factors could trump macro after Brexit – JPMAM’s Flanders
While investors should be wary of macroeconomic factors impacting UK equities and sterling in the short term post-Brexit, the microeconomic consequences could be bigger in the long-term, according to Stephanie Flanders, JP Morgan Asset Management’s chief market strategist for Europe.
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Microsoft’s $26bn LinkedIn deal prompts mixed views
News of Microsoft’s LinkedIn acquisition has generated mixed views over its merit.
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Consolidation set to move up asset management agenda
Further asset management consolidation is on the horizon but the line between predator and prey is increasingly blurred Numis said in a note on Friday.