News
Investment | news 27 Feb 17
Warren Buffett slams high fees, fetes Vanguard founder
Warren Buffett, the ‘Oracle of Omaha’, has attacked the high fees levied by active fund managers while lavishing praise on his “hero”, Vanguard founder Jack Bogle.
Investment | news 27 Feb 17
Sanlam to launch artificial intelligence investment service
The Sanlam’s Group’s investment arm is to partner with a financial technology specialist to launch an investment service that uses artificial intelligence and machine learning to deliver targeted returns with the lowest risk of loss.
North America | news 27 Feb 17
Harlequin nears liquidation after court refuses more time
Beleaguered overseas investment scheme Harlequin Property SVG is a step closer to liquidation after the High Court in St Vincent and the Grenadines refused to grant more time for the managers to file their proposal to creditors.
European robo-adviser ETFmatic to target IFAs
The chief executive of fledging robo-adviser ETFmatic has said the company is looking to target the IFA market as it continues to expand across Europe.
Fixed Income | news 27 Feb 17
Investors flocking to high-risk bonds
Investors are stepping up their allocation to high-yield bonds and emerging market debt. The pair were the two best-selling asset classes in January, according to Morningstar fund flows data.