IMA

An eye on the funds of the future

Guinness Global Innovators

Marlborough's Richard Hallett has pointed to retailers ASOS and Tesco, two of the worst performing UK-listed stocks this year, as potential turnaround stories.

Fund buyers have called for more transparency on passive fund costs not contained within the ongoing charges figure (OCF) - even as a price war cuts headline fees to record low levels.

After a summer lull, fund buyers have begun the autumn again wondering how to deal with a raft of manager moves - with significant consequences for fund groups, in some cases.

UK All Companies saw record net outflows of £852m in September, according to statistics released by the Investment Management Association (IMA) today.

Jupiter Merlin Conservative

The next financial crisis will be sparked by the rise of giant daily dealing bond funds and ETFs, GLG's top performing fixed income manager Jon Mawby has warned.

M&G Recovery fund manager Tom Dobell has said his recent poor performance is down to stock selection rather than the size of his fund.

F&C multi-manager Rob Burdett has warned mainstream property funds are holding too much cash following a surge in inflows, making the sector unattractive.