LSEG report: Most active funds are underperforming their benchmarks
Only 35% of active funds beat their benchmark over the past 12 months, and ESG portfolios were even worse off
Author: Tom Aylott
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RSMR cuts ratings for six funds in March review
The Abrdn Asia Pacific Equity and Baillie Gifford Global Discovery funds had ratings stripped over performance concerns
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Spring Budget 2024: National Insurance cut by 2% – but could be a ‘sneaky tax grab’
‘Double-whammy’ of cuts will lower the main NI rate from 12% to 8%, but could ultimately see UK workers unknowingly pay more
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RSMR make Passive Plus MPS range available to retail investors
The portfolios were previously only available to advisory and discretionary clients
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State Street: Risk appetite falls in January as investors re-evaluate pace of rate cuts
Confidence among institutional investors turned negative in January after a short-lived rally
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Calastone: January 2024 sees most bullish investor sentiment in almost three years
Investors added £2bn to equity funds in January in one of the best months on record, but Calastone warns that returning confidence ‘should be treated with caution’
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Value funds overtake growth in FE fundinfo Crown rebalance
Value funds are within the top 10% of all IA portfolios on alpha, volatility and performance, overtaking the previous growth winners
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PwC: Half of CEOs think their businesses will not survive the next decade
AI could make half of all business models redundant within 10 years
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Square Mile: Capital growth funds tussle with income funds for advisers’ attention
Aegon Diversified Monthly Income took the top spot for the most-searched fund
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Investment Association: Funds achieve net inflows of £1.1bn in November as monetary outlook brightens
Potential for rate cuts in 2024 reinvigorated UK investors