Unit trusts/OEICs Financial News

09.02 / 12:59

ESG Unit trusts/OEICs Amundi Amundi and First Eagle launch sustainable value fund in the UK

Sustainable Value was launched in August 2020 in the and it invests in global equities, which comprised more than 94% of its asset allocation as of 31 January.

13.02 / 10:58

Unit trusts/OEICs Alternatives private markets private credit private wealth Carlyle Carlyle pushes into wealth market with semi-liquid European private credit fund

The strategy will invest directly in deals originated by the firm’s $188bn global credit platform, which offers borrowers bespoke solutions across the entire capital structure.

09.02 / 11:12

funds Unit trusts/OEICs Article 8 fund launches State Street Global Advisors unveils sustainable emerging market debt fund

Targeting USD-denominated sovereigns, the Luxembourg-domiciled fund was seeded with a $50m initial investment.

22.01 / 13:27

Technology funds Unit trusts/OEICs M&G OEIC fund launch M&G expands thematic offering with global equity AI fund launch

The fund will aim to provider a total return higher than the MSCI ACWI index 'over any five year period', M&G said.

19.01 / 16:17

regulation companies financial conduct authority FCA Unit trusts/OEICs Link Fund Solutions FCA reasserts proposed Woodford redress is 'subset of total losses' as sanction decision delayed

Smith argued the fault of Link Fund Solutions Limited lies in liquidity management failings, as the regulator has since it first revealed the scheme in April 2023.

17.01 / 15:23

Asia Unit trusts/OEICs Columbia Threadneedle emerging markets Japan managers help maintain number of consistently top quartile performing funds

'Consistency faltered in the fourth quarter as the mood music again took on a different tempo.'

17.01 / 09:33

US Unit trusts/OEICs fund launch analysts T. Rowe Price analyst T. Rowe Price launches analyst-run US core equity fund

The T. Rowe Price Funds SICAV — US Structured Research Equity fund will be based on the long-running US-domiciled strategy, which holds $65bn assets under management.

17.01 / 09:33

companies Results Wealth managers Investment trusts Unit trusts/OEICs People moves Liontrust raids GAM for team heads as outflows persist

Mark Hawtin (pictured) joins Liontrust

15.01 / 16:29

UBS Credit Suisse Unit trusts/OEICs People moves Credit Suisse managers depart to launch macro fund at Lombard Odier IM

The fund will comprise a blend of discretionary and systematic strategies, and is expected to launch on LOIM’s 1798 alternatives platform in Q3 2024.

15.01 / 16:29

UK Unit trusts/OEICs Premier Miton Investors Premier Miton Premier Miton replaces manager on newly-acquired GVQ funds

Premier Miton's Matthew Tillett (pictured).

09.01 / 21:41

Unit trusts/OEICs ETFs equities LSEG Lipper equity funds Benchmarks Most active equity funds fail to outperform their benchmarks in 2023

The overall average relative performance of all equity funds compared to their benchmarks was -2.4% in 2023.

09.01 / 18:04

UK US bonds ESG Unit trusts/OEICs equities money market Money market funds enjoy 'best year on record' with £4.4bn inflows

Last year, a record £4.4bn was paid into money market funds, as high interest rates and low risk proved incredibly attractive to investors.

09.01 / 13:52

UK Wealth managers Unit trusts/OEICs People moves Alternatives Jupiter Boutique JO Hambro's Savvides to take on Jupiter UK special sits as Ben Whitmore departs to launch boutique

Jupiter's Ben Whitmore (pictured) will depart later this year to establish a value equities boutique.

09.01 / 13:08

jp morgan Unit trusts/OEICs emerging markets JPMorgan Asset Management JPMAM reopens $2.3bn emerging markets fund

The strategy was soft closed in July 2019 when it hit nearly $3.6bn in assets.

04.01 / 18:58

UK Pensions Investment trusts funds Unit trusts/OEICs Vanguard fundsmith Fundsmith Equity slips further down ii most bought list

Royal London Short Money Market first took the top spot in October 2023, where it remains, while the £22.7bn Terry Smith fund has since been further overtaken by L&G Global Technology Index and Vanguard LifeStrategy 80% Equity.

04.01 / 11:59

Investment trusts Unit trusts/OEICs emerging markets Square Mile Embark Horizon fund range loses Square Mile rating on move to BlackRock

Analysts at Square Mile Investment Consulting and Research argued that while BlackRock has 'strong resources', the new team must establish its own process and build a track record before a rating can be applied.

16.12 / 15:18

Unit trusts/OEICs asset allocation Tyndall IM rebrands Real Income fund to reflect 'unconstrained' asset allocation

Simon Murphy (pictured) has managed the fund for nearly four years.

16.12 / 15:18

property Unit trusts/OEICs M&G distribution suspensions First M&G Property distribution due in February with wind-up predicted to last 18 months

The fund is being closed due to the dwindling popularity of property vehicles, according to M&G, which noted the ongoing withdrawals are 'likely to continue' and may 'accelerate in the future'.

14.12 / 14:41

Unit trusts/OEICs ETFs AJ Bell Less than 40% of active equity managers beat average passive alternative in 2023

Laith Khalaf, head of investment analysis at AJ Bell, said the performance of active funds in the global sector against a passive comparator has been “particularly feeble”, with just a quarter outperforming. This falls to 22% over ten years.

08.12 / 15:59

Derivatives Unit trusts/OEICs multi-asset rebrand Atlantic House rebrands Total Return fund to 'improve transparency'

Tom May (pictured), chief executive officer of Atlantic House Investments

07.12 / 12:45

companies Unit trusts/OEICs SJP Redemptions Somerset Capital Management funds seek new home as firm set to close following SJP redemptions

The firm was co-founded by MP Jacob Rees-Mogg (pictured).