News
Billionaire slams scammers using his image
After his name and image were used to defraud members of the public, a billionaire entrepreneur and investor from Singapore has filed two police reports and issued a public warning.
Natixis makes Australia acquisition
Natixis Global Asset Management will acquire a majority stake in Australia’s Investors Mutual Limited (IML) to take advantage of the domestic retail market and A$2.3trn (£1.4trn, $1.8trn, €1.5trn) superannuation industry.
Fraudsters target Invesco clients
Invesco Perpetual has issued a stark warning online after discovering its clients are being targeted by “sophisticated” fraudsters in telephone calls and emails.
Terry Smith and Woodford top traded, Vanguard gains ground
While Fundsmith Equity, Woodford Income and Lindsell Train Global were the most popular funds in September, Vanguard “muscled its way in to the top five”, according to Interactive Investor.
Fidelity’s fulcrum fee – revolutionary or pie in the sky?
Fidelity International’s announcement that it will implement a performance-based fee sparked mixed reactions in the industry, with some calling it “innovative” and others saying it missed the mark.