ii: Money market fund purchases up 77% in April as investors flock to safety
Most investors fled volatile markets in the wake of Trump’s tariff, but others took advantage of depressed US valuations
Royal London
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Royal London takes £4.6bn SJP mandate from Columbia Threadneedle
The SJP Strategic Managed fund has been managed by Columbia Threadneedle since 2014
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Square Mile adds four strategies to academy
Two funds have ratings suspended in December review
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TILLIT adds five funds to platform
Funds include biotech, global, US, multi asset, and UK exposures
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Royal London says advisers delivering better value than last year
The Meaning of Value Report 2024 shows an increase in positive sentiment
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Royal London revamps governed portfolio range
Simplifies options and adds a 100% equity offering to range
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PEOPLE MOVES: Royal London, Nedgroup, Legal & General, AXA IM
Ian McLeod joins from M&G Wealth
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Fundsmith Equity drops off interactive investor buylist for first time
Fundsmith had featured on every monthly most sold list since interactive investor began tracking the data in 2018
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Is there any point investing in the US actively?
Active funds don’t come close to the high returns of the index trackers, with many multi-asset managers cutting their active exposure all together
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Tillit adds five funds to investment universe
Total number of funds on platform reaches over 100
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Interactive Investor: Fixed income investments triple in two years
Allocations to UK gilts soared 2,019% thanks to tax benefits
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Andrew Shepherd to retire as Brooks Macdonald group CEO
CFO Andrea Montague will become group CEO from October this year, subject to regulatory approval