Investors desperate to get cash back are putting pressure on funds to capitulate on sales
Nearly half of participants in pilot programme allowed to vote their shares chose to let the asset manager do it for them
Financial services company says the acquisition will provide professionals with ETF selection tools
Hedge fund replication ahoy
Plus, the latest gold rush, multi-manager outflows, and Van Gogh at the National Gallery
I’m after any funds replicating an emerging markets ex-Asia index
Fund group’s move to manage Anemoy fund means it is joining a trend that observers believe will disrupt the industry
Investors shrugged off market ructions and ignored the usual summer lull to pour $130bn into exchange traded funds
Report by Barclays highlights risk of potentially missing out on higher returns from investment
Industry’s hottest sector posts first client withdrawals in seven years after weaker returns in 2023, Goldman Sachs data shows
Plus, UK capital markets revamp, record US debt issuance, and Musée Jacquemart-André reopens
Chinese car buyers avoid Tesla as more advanced electric vehicles flood the market
The FSC is concerned about a potential brain drain from the stockpicking industry caused by demand for passive ETFs
Smart beta pioneer and his firm Research Affiliates bet on long-term reversion to the mean
Asset managers turn to once-forgotten backwater to drive industry growth
Plus, H20’s cover up, ESG funds double down on defence, and Hôtel de Gallifet in Aix-en-Provence
Sector’s shares have soared and asset managers in debate on whether investing in it can be seen as sustainable
Support on votes has been dwindling among big money managers after reaching record levels just a few years ago
Heavy inflows in August are the latest sign of a comeback for fixed income in a cooling economy
Active funds have struggled to raise assets from local investors this year
Active ETFs in Europe have so far launched with much lower fees than mutual funds, Morningstar analysis shows
$4.4tn industry has become latest target of Xi Jinping’s clampdown on finance
Almost 140 funds have underperformed their benchmarks
New data shows the wealthiest have more than £750,000 in their accounts — but you don’t have to be a millionaire in the making to enjoy the fruits of tax-free savings
Boosting investment returns sure beats working for longer in order to retire