AJ Bell: Passive funds ‘eating the lunch’ of active managers
Just a third of active funds outperform passive across a decade
Just a third of active funds outperform passive across a decade
AJ Bell Investments grew AUM by 45%
Equities could come under pressure
Ian Aylward joins from Barclays Wealth
Fee reduced 15 basis points to 0.50%
Aylward joins from Barclays to support the ‘rapid growth’ in its MPS offering
The managing director says outflows from money market funds will ramp up as we head towards the new year
The ‘nil rate band’ has been frozen at £325,000 since 2009
Commentators believe ‘systemic risks to the market are low’
The platform is calling on the government to commit to a ‘Pensions Tax Lock’
Industry anticipates budget moves in light of UK borrowing reaching £16.6bn for September
Investments arm saw £1.5bn net inflows in the year to 30 September