US sustainable funds suffer highest redemptions on record in first quarter
Investment Week Magazine
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14h ago
US sustainable funds suffered their “worst-ever quarter” for redemptions, shedding a record $8.8bn in the first quarter of 2024, a report by Morningstar has found ..read more
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US economy grows less than forecast at 1.6% rate in first quarter
Investment Week Magazine
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14h ago
The US economy grew at a slower-than-forecast 1.6% annualised rate in the first quarter of 2024, while the closely-watched measure of inflation surged more than expected ..read more
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Harcus Parker weighs legal action against Home REIT sister fund amid FCA probe
Investment Week Magazine
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14h ago
Harcus Parker is considering whether to pursue legal action against Home REIT’s sister fund Home Long Income, which has suffered similar losses to the listed vehicle and is also under investigation by the Financial Conduct Authority ..read more
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Momentum Global IM widens access to passive MPS via platforms
Investment Week Magazine
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14h ago
Momentum Global Investment Management has opened up its restricted Momentum Passive Plus managed portfolio service (MPS) to a wider group of UK financial advisers ..read more
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Greencoat UK Wind survives discontinuation vote despite shareholder dissent
Investment Week Magazine
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18h ago
Greencoat UK Wind survived a discontinuation vote at the trust’s annual general meeting on Wednesday (24 April), but faced some shareholder disputes as 11.3% of votes cast in favour of the move ..read more
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Blackstone urges Hipgnosis shareholders to 'take no action' as it weighs response to Concord bid
Investment Week Magazine
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18h ago
Blackstone has advised Hipgnosis Songs (SONG) shareholders to “take no action” in response to Concord Music’s increased offer to take over the trust, as the private equity giant considers its options ..read more
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Barclays Wealth Management head of asset allocation Jean-Paul Jaegers departs
Investment Week Magazine
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18h ago
Barclays Wealth Management head of asset allocation Jean-Paul Jaegers has left the company after six years at the firm ..read more
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Ros Altmann: The damaging bias against UK investment companies
Investment Week Magazine
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19h ago
UK listed investment companies are a long-standing British success story, but seem to have come under attack from well-intentioned, but flawed, domestic regulations ..read more
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Hargreaves Lansdown adds Baillie Gifford Sustainable Income fund to Wealth Shortlist
Investment Week Magazine
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20h ago
Hargreaves Lansdown has added the Baillie Gifford Sustainable Income fund to its Wealth Shortlist, on the grounds it could be a good diversification option for a growth focused portfolio ..read more
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Schroders AUM ticks up in Q1 but misses sell-side analyst forecasts
Investment Week Magazine
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20h ago
Schroders has reported an uptick in assets under management in the first quarter of this year, but fell short of sell-side analyst expectations ..read more
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