Funds & Fund Managers
|Average Manager Total Return : -7.4% (30 September 2013 - 30 September 2014)|
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BlackRock World Mining takes 7.7% NAV hit on failed mine
BlackRock World Mining has written down the value of its holding in London Mining’s Marampa mine to zero at a 7.7% cost to net asset value (NAV)
How should fund groups handle star manager exits?
Wealth managers reveal how they want fund groups to react to losing star employees.
Legg Mason shuts Permal absolute return fund
Legg Mason has closed an open-ended fund run by its hedge fund subsidiary Permal.
Derek Pound to leave Jupiter as Global Energy closes
Jupiter is to shut its Global Energy fund and its manager Derek Pound is to leave the company after almost 20 years
Have buyers been backing the global equity winners or losers?
Where has the global equity money been going over the past year?
Value veteran joins BlackRock’s equity income team
BlackRock has hired Tony DeSpirito as co-head of its equity dividend team.