Passive managers of equity funds in the UK are cutting fees at a faster rate than active managers – though actives have cut fees sharper in fixed income, research shows.
Passive managers of equity funds in the UK are cutting fees at a faster rate than active managers – though actives have cut fees sharper in fixed income, research shows.
Investec Asset Management has appointed Nidhi Mahurkar to its Asia and emerging market equity business as an investment director.
Hedge fund assets increased to a record level in the most recent quarter despite redemptions from some of the main strategies.
A gold index fund was the highest selling exchange-traded commodity (ETC) in September, industry data shows, as European investors put a net $6.5 billion into exchange-traded products.
Software vendors are not convincing many private equity firms that their fund administration tools are worth it, research suggests.
Aztec Group has won the fund administration business of Epiris for a fund that has £821 million of commitments and whose investments include the global auction house Bonhams.
Passive fund giant BlackRock has launched an absolute return fund that will invest in what it calls ‘emerging’ UK companies.
Geneva-based Union Bancaire Privée (UBP) has added a positive impact equity strategy to its equity range, as it seeks to address responsible investing head-on.
BlackRock’s exchange-traded fund (ETF) business iShares was the strongest performer in the third quarter of the year as the world’s largest asset manager saw net inflows of $10.612 billion into long-term funds.
A record 85% of fund managers think the global economy is in the late cycle, research shows.
