Funds & Fund Managers
|Average Manager Total Return : -5.4% (30 September 2013 - 30 September 2014)|
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First State cuts five funds’ AMCs
First State Investments has reduced the fees on five of its funds from 0.85% to 0.75%.
Henderson acquires Old Mutual's £437m property fund
Old Mutual Global Investors (OMGI) is to merge its £437 million Property fund into the £2.3 billion Henderson UK Property fund.
Life after Tesco's divi cut: Where other surprises could lie this year
Tesco and Balfour Beatty’s recent dividend cuts highlight the challenges of relying on some of the better-known names for income.
Tesco tumbles on probe into overstated profits
Supermarket suspends executives as it warns market first-half profits were overstated by £250 million.
JPM hires Citywire rated multi-manager from Barclays Wealth
Milica Fomicov has left her position as a portfolio manager in the multi-manager team at Barclays Wealth & Investment to join JP Morgan Private Bank.