Ministers set to allow companies to access defined benefit scheme surpluses to help kick-start growth
The natural buyers of new equity have suffered relentless outflows
Saba loses key battle to take over management of Herald trust
They undercut traditional managers while upselling traditional ETF investors
Academic findings on macro-market behaviour contradict widely accepted previous research
Hedge fund’s action against closed-ended fund was one of seven it carried out
The fund, which makes use of a popular hedge fund strategy, will aim to outperform the S&P/ASX 200
Agreement comes as Boaz Weinstein’s firm agitates against UK closed-end funds
New chief executive hails ‘significant progress’ as asset manager mounts turnaround
Public Investment Fund stumps up $200mn as seed investor in SSGA’s Europe-listed bond fund in support of Vision 2030
Investors ‘tiptoe’ around social responsibility to avoid political pressure, while still assessing economic costs
Plus, Natixis and Generali’s tie-up, climate fund outflows, and Ernst Ludwig Kirchner at Lugano’s Museo d’arte
Flows to Vanguard vehicles more than doubled helping it to account for 31% of the total flows of A$30.8bn
Sales fall after four-year boom and sector suffers net redemptions, Morningstar data shows
Industry has taken $1.8tn in charges since the 1960s, according to LCH research
JPMorgan Asset Management, Fidelity International and Janus Henderson prepare to expand in the market this year
Activist’s attack on ‘miserable seven’ highlights some well-known complaints
State’s attorney-general had accused $11.6tn fund manager of breaching consumer protection rules
Funds outperform their default peers over the past decade
The political backlash against ESG has intensified — but the sector is evolving
Buying frenzy peaked at end of year spurred by Donald Trump’s presidential victory
FCA encourages Hargreaves Lansdown, Interactive Investor and AJ Bell to make shareholders aware of looming votes
Boaz Weinstein’s assault on a historic financial sector reveals an opportunity for other investors
Town halls in England and Wales warn that requirement to take ‘principal advice’ from pools could create conflict of interest
Interest from typically conservative schemes has grown following launch of US crypto ETFs
