Templeton Emerging Markets Appoints Chair As Paul Manduca Steps Down
The £1.6bn Templeton Emerging Markets investment trust (TEMIT) has appointed Angus Macpherson as its new chair, takin... Read more
Interactive Investor Moves To Restrict Poor Value Investments On Its Platform
interactive investor has joined Fidelity’s personal investing platform in restricting investments into funds or trus... Read more
Metro Bank Under BoE And Treasury Scrutiny As It Sounds Out Potential Mortgage Book Sale - Reports
Metro Bank has begun talks over selling a portion of its mortgage book to rivals as the firm’s mounting troubles com... Read more
RM Funds Targets Infrastructure Sector With Bond Fund Launch
RM Funds has launched an open-ended fixed income fund focused on investments within the infrastructure bond sector, th... Read more
AssetCo To Sell Stake In River And Mercantile's Infrastructure Business
AssetCo Group, Martin Gilbert’s acquisition vehicle, has agreed to sell its stake in River and Mercantile’s infras... Read more
Dollar Holds Ground Despite Pullback, Eyes NFP For Fresh Momentum
Dollar, despite retracting some of its earlier gains, remains robust, demonstrating resilience as one of the week’s ... Read more
Fidelity Closes £7m Asia Absolute Return Fund
Fidelity is liquidating its £6.8m Absolute Return Asian Equity fund due to its small size. Read more
Amazon And Microsoft Supremacy In UK Cloud Market Faces Probe By Competition Watchdog
Microsoft and Amazon’s controlling role in the UK cloud market is set to face greater scrutiny, as the sector has be... Read more
Calastone: Fixed Income Funds Suffer From Market Volatility As Investors Pull £130m
Fixed income funds saw outflows in September as market volatility hit sentiment, according to fund flows data from Cal... Read more
T. Rowe Price's Ritu Vohora: Rethinking Fixed Income
The sharp rise in global bond yields since early 2022 has boosted the attractiveness for fixed income assets, but the ... Read more
Sterling Underwhelms Amid Market Consolidation; Gold Heading Lower Again
British Pound emerged as the weakest link, facing headwinds following subpar construction data. Not far behind in perf... Read more
Metro Bank Urgent Fundraise Plans Spark Sharp Sell-off
Metro Bank's chair has met with the City’s regulators today (5 October) after reports that the bank was in need of a... Read more
Liontrust UK Equity Fund Loses Square Mile A Rating Amid De Uphaugh And Fields Retirement
Square Mile’s Academy of Funds has removed Liontrust UK Equity’s A rating, following the news co-portfolio manager... Read more
IA: Inflows Into Trackers Double In August As Fixed Income Funds Revert To Outflows
Investors turned their backs on fixed income and favoured trackers in August, according to the latest fund flows data ... Read more