retail distribution review

Financial advisers' preference for multi-asset funds marks the "biggest cyclical change for 30 years", an Allianz Global Investors retail sales head has said.

Scottish Widows Investment Partnership (SWIP) has expanded its wholesale sales team with a double hire and finalised its RDR investment offering.

Berry Asset Management has unveiled a lower cost investment proposition in preparation for the Retail Distribution Review.

BNY Mellon is set to launch fully unbundled RDR-ready share classes across its entire UK fund range in September.

Artemis is launching a Monthly Distribution fund for James Foster and Jacob de Tusch-Lec as it looks to hone its product range ahead of RDR implementation.

The asset management industry has mixed feelings about the long-term threat exchange traded funds pose to index-hugging unit trusts and Oeics

Over the past few months I have constantly banged the drum for a brave new world in which asset managers finally bite the bullet and launch cost effective multi-asset portfolios, comprised largely if not exclusively of ETFs.

For investment trusts, 2009 has not been without its excitement. Volatile discounts have made life very difficult; the flight to quality was swiftly followed by the dash to trash as investors switched to more exotic investments

The investment trust industry has funded everything from the building of railways across the US to the development of South American economies in the 19th century.

The AIFM directive was drafted by the EU in response to what it saw as an absence of common regulatory standards for non-Ucits investment vehicles and there are six key issues that specifically affect the UK-listed closed-ended fund sector.