UK Insolvency Service shuts down rogue investment scheme
Investors were quoted returns of 10-15% per week or month
Investment
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Gam freezes absolute return bond fund
Gam Investments has halted new money coming into and out of its unconstrained absolute return bond funds (ARBF) following manager Tim Haywood’s suspension.
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Five views on a ‘no deal’ Brexit
Experts look at how investors can position themselves if the UK crashes out of the EU
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UK fund industry inflows fall 75%
Sterling Strategic Bond funds led redemptions in June as the UK funds industry sees net sales fall 75% from the same period last year.
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Blackrock beats Vanguard in passive ratings
Blackrock’s iShares has fended off Vanguard to retain the top spot in FE’s latest Passive Crown ratings list.
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FCA overestimates platform leverage with fund houses
The UK’s Financial Conduct Authority (FCA) has failed to recognise platforms with whole of market fund offerings lack the negotiating power of their peers who have buy lists or limited fund ranges as it calls on the industry to drive down fund fees on behalf of consumers.
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Global fund selector EM demand weakens further
Sentiment towards emerging market equities among fund selectors across Asia has declined significantly, according to Last Word data.
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Megatrends that will shape investment growth
There are nine key megatrends that will have a big impact on the investment philosophy of the future, according to research by RBC Wealth Management, part of the Royal Bank of Canada.
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Failed Columna Fund investigator sets up task force
A Swiss-based private partnership created to help those who have suffered losses of assets and money from financial companies has launched a task force to recover money from the failed Columna Commodities Fund.
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Risks lurk as DFMs shed bonds for alternatives
AJ Bell and Seneca are among investment managers shedding bonds as rate hikes loom, but others are concerned alternative assets present new sources of risk.
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Investors find Chinese companies ‘difficult’
A staggering 98% of global investors said they have difficulties engaging with onshore Chinese companies and do not agree with the recent A-share inclusion on the MSCI, according to a survey by the Asian Corporate Governance Association (ACGA).
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Schroders funds division sees zero net flows
Schroders’ asset management arm delivered zero net new business over the first half of the year against what the firm said was a challenging time for markets.