Funds & Fund Managers
Hargreaves Wealth 150 shrinks to historic low on star shortage
'There is no shortage of funds available to UK investors, just a shortage of good ones,' says Hargreaves.
Tilney Bestinvest's top 10 equity fund managers
In Tilney Bestinvest's report on the UK's top 100 equity fund managers, we highlight the top 10.
London Mining files for administration following BlackRock writedown
Shares in the business had been effectively marked down to zero as the company struggled with collapsing iron ore prices
BlackRock's Raw: we won't make London Mining mistakes again
Catherine Raw, co-manager of BlackRock World Mining (BRWM), admits it could have said more about the problems at London Mining.
BlackRock World Mining to maintain divi despite NAV hit on failed mine
BlackRock World Mining has said the writedown of its royalties holding in London Mining’s Marampa mine will not force the trust to cut its dividend this year.
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)
Legg Mason shuts Permal absolute return fund
Legg Mason has closed an open-ended fund run by its hedge fund subsidiary Permal.
Value veteran joins BlackRock’s equity income team
BlackRock has hired Tony DeSpirito as co-head of its equity dividend team.
Performance review: How Coutts’ Higgins is preparing for 10% US correction
Coutts’ CIO Alan Higgins said tightening by the US Federal Reserve next year could result in a 10% correction in US equities, which investors should view as a buying opportunity.