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brandeaux investors told of nav cut
The net asset value of Brandeaux’s suspended £900m Student Accommodation Fund has been cut by 4%, while the firm’s Ground Rent Fund has also seen its share price reduce by 5%.
Green funds to surge as pollution worsens
If the economic recovery continues it will drive up the environment sectors considerably, according to Jupiter’s Charlie Thomas.
third of uk funds aum from overseas clients
The UK has been a beneficiary of the globalisation of the fund management industry, according to new research from TheCityUK, with more than a third of funds under management in the UK, or around £2trn, coming from overseas clients.
Source launches private equity ETF
European ETP provider Source is to launch of an ETF designed to match the returns of investing in private equity buyout funds through exposure to listed, public-market instruments.
natwest launches banking app
NatWest has launched a free banking app for international and local clients holding accounts in the Channel Islands, Isle of Man and Gibraltar.