Artemis and Merian funds ousted from FE Investments' Approved List following 'disappointing' returns

Three funds added and three removed in latest rebalance

Lauren Mason
clock • 2 min read

Artemis Global Income, Merian Global Equity Absolute Return and Invesco Global Focus have been removed from FE Investments' latest Approved List, following "disappointing returns" from the two former vehicles and a management change from the latter.

Three funds were also added in the bi-annual review, with BlackRock Emerging Markets, Unicorn UK Ethical Income and AB US Concentrated Equity earning a place on the list. Charles Younes, research manager at FE Investments, said the latest rebalance highlights how this year's challenging market conditions have had a greater impact on some funds more than others, depending on their investing style and remit. Consistent 50: BMO Multi-Sector Higher Income rises to top "We have been disappointed with the performance of both the Artemis Global Income and Merian Global Equity Absolute Ret...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Funds

Ninety One shuts Global Macro Alternative fund

Ninety One shuts Global Macro Alternative fund

Three share classes closed for two other funds

Cristian Angeloni
clock 31 October 2024 • 1 min read
Jupiter retains grip on star manager Ben Whitmore's Global Value Equity fund

Jupiter retains grip on star manager Ben Whitmore's Global Value Equity fund

Whitmore to exit by 1 November

Linus Uhlig
clock 24 October 2024 • 2 min read
UK funds record steepest drop in fees in the last decade

UK funds record steepest drop in fees in the last decade

Broadridge report

Sorin-Andrei Dojan
clock 22 October 2024 • 2 min read
Trustpilot