richard buxton

FCA gets behind fund buy lists

Investors should not be so quick to jump ship when a star manager leaves a fund, according to new research from Aegon UK which suggests mosts funds continue to outperform after a departure.

As the offer period on Neil Woodford's new fund comes to an end, Investment Week asks what he needs to do to beat the most successful launches ever.

The Pru’s latest asset allocation calls

Following the star

Old Mutual Global Investors (OMGI) is exploring ways to capitalise on new manager Richard Buxton's popularity, including running segregated mandates and potentially launching an investment trust.

Consolidation has been the watchword in the asset management sector this year and, consequently, the structure of the funds industry is changing as rapidly as the City skyline.

Old Mutual Global Investors is to launch an offshore mirror version of Richard Buxton's £1bn Old Mutual UK Alpha Fund.

INVESCO PERPETUAL

There was really only one story grabbing the headlines in the retail financial services world this week - the surprise exit of the most famous investor in the UK, Invesco Perpetual's Neil Woodford.