As the most popular emerging market equity funds are soft closing to stem inflows, wealth managers are being forced to look for alternatives beyond their usual top picks.
The return of high-profile funds to the top of the performance charts is shaking up the UK equity rankings, just as the asset class returns to favour.
The number of assets in underperforming 'dog' funds has more than halved since last summer but over £12bn is still stuck in such offerings, according to Bestinvest's latest Spot the Dog list.
The Association of Investment Companies (AIC) has warned venture capital trust (VCT) fundraising will halve next year, if the vehicles are not granted an exemption from the FSA's sales ban on unregulated collective investment schemes (UCIS) to ordinary...
Nigel Parsons, a former investment director of Bestinvest, has pleaded guilty to offences including possessing indecent images of children, and voyeurism.
Adrian Lowcock has left Bestinvest to join Hargreaves Lansdown.
Bestinvest's list of 'dog funds' highlights funds that have underperformed their benchmark by 10% or more cumulatively over the last three years.
There has been a 187% increase in the amount of money sitting in underperforming dog funds this year to £26.5bn, Bestinvest's latest "Spot the dog" list has revealed.
Jason Hollands has been charged with overseeing Bestinvest's business development and communications as he rejoins the wealth manager after almost a decade.