Displaying items by tag: Funds
Confident SIPP investors diversify portfolios
SIPP and SIPP drawdown investors added more diverse assets to their portfolios, including equity income and corporate bonds, in December according to Hargreaves Lansdown figures.
Schroders launches first Long Term Asset Fund
The FCA has approved the first Long Term Asset Fund (LTAF) with Schroders becoming the inaugural provider.
Vanguard axes 2 year-old Financial Planning arm
Fund manager Vanguard is to axe its low-cost Financial Planning arm which was launched in April 2021.
Advised platforms hit by worst quarter for 6 years
The advised platform market has experienced its worst quarter for net flows since 2016 with just £4.3bn added in Q4 2022 - down £5.4bn on a year earlier.
Worried investors withdraw £642m from funds
Market uncertainty in January spurred UK savers to withdraw £642m from retail funds, the first outflows since March 2020.
AJ Bell reveals Top 20 adviser fund selections
Platform and SIPP provider AJ Bell has revealed the top 20 most popular funds and investment companies with advisers using its Investcentre platform.
7IM adds low cost passive multi-asset fund range
Fund manager and SIPP provider 7IM has launched a range of multi-asset funds which it says will offer advisers low-cost and highly diversified passive investments.
Transact FUD falls 11% in Q1 but up yoy
Platform Transact has reported that quarterly Funds Under Direction fell 11% in the first quarter (to 31 March) from £39.31bn to £34.99bn, a drop of £4.4bn.
Dormant Assets scheme could be extended to investments
The Government has today launched a consultation which could see its Dormant Assets scheme significantly expanded to include funds and a wide range of other investments held by investors.