LM investors recover A$40m from retirement village
Thousands of customers invested in an LM Investment Management fund have received their biggest return since the collapse of the company.
ANNOUNCEMENT: UK Adviser is now PA Adviser. Read more.
Thousands of customers invested in an LM Investment Management fund have received their biggest return since the collapse of the company.
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Investors are scurrying to lock in decade-high yields before rate hikes bring then down to earth
Platforms requiring retail investors to undertake knowledge tests before buying certain trusts is bruising the already-ailing sector
Rogier Quirijns of Cohen & Steers and Rathbones’ Craig Brown on the outlook for the property sector
Equity holdings in multi-asset funds surpassed their long-term average
It gained £300m in new money during the first quarter, down from £700m at the start of 2023
Passive funds were the most popular purchase, accounting for 74% of all sales over the period