Investment
Fixed Income | 20 Apr 17
Strong demand sees UBS cut fees on inflation-protected ETF range
UBS Asset Management has cut the fees on its new exchange traded funds (ETFs) which track a benchmark index for US Treasury Inflation Protected Securities (Tips) after recording $470m (£366.4m) of inflows in less than seven months.
Provisca signs up asset manager Heptagon to target IFAs
International product distribution business Provisca has partnered with Heptagon Capital to help the London-based asset management firm actively promote its funds in the retail market for the first time.
Commodities | 19 Apr 17
Gold sales soar following UK snap election decision
Physical gold sales soared on Tuesday after UK prime minister Theresa May called a snap general election, according to The Pure Gold Company.
Investment | 19 Apr 17
IoM taxpayers footing the bill for New Earth Group wind up
Taxpayers on the Isle of Man will pay for the winding up of collapsed investment fund New Earth Recycling and Renewable (NERR), part of the New Earth Group of Funds, after the island’s financial regulator stepped in to pick up the tab.
Beware hyped up tech firms that destroy wealth, says Rathbones
Investors are at risk of over valuing innovative technology firms which offer the potential to disrupt established industries, investment manager Rathbones has warned.