Woodford suspension a symbolic blow for active management
Cheerleaders such as Hargreaves Lansdown helped fund become one of the UK’s most popular
Author: Kristen McGachey
-
-
London boutique nabs £240m of City Financial assets
City Financial fell into administration late last week
-
Gam makes star fund manager whistleblower redundant
UK regulator remains tight-lipped on ongoing Tim Haywood saga
-
Gam sacks star bond manager as assets fall by a third
Tim Haywood dismissed for ‘gross misconduct’
-
AJ Bell fails to undercut passive multi-asset giants on fees
Standard Life Investments and LGIM around 10 basis points cheaper
-
Inflows soften at Nucleus and Brooks Macdonald
Volatility sees platform’s net inflows drop 10% quarter-on-quarter, while DFM’s UK growth halves
-
Woodford ups stake in Provident Financial
Star manager is the largest shareholder in UK doorstep lender
-
Gam AUM shrivels 20% following Haywood saga
Excluding Haywood’s fund range, net outflows were CHF5.3bn
-
Schroders and Lloyds to shake up financial planning sector
But banks re-entering the market should not be seen as a threat, says Intrinsic chief executive
-
Advisers shun DFMs to avoid awkward fee chats with clients
Nearly a fifth of advisers say they would never consider outsourcing
-
Baillie Gifford trust ventures into unquoted companies
US Growth trust can hold up to 50% in unlisted securities
-
Can any metric justify soaring tech valuations?
Valuation metrics for Tesla and Faang stocks split investors