Mifid II exposes ‘charging grubiness’ of top 20 UK funds
Some of the biggest names in the UK retail funds sector are charging investors nearly double the published ongoing charges figure (OCF) for their funds, Mifid II regulations have brought to light.
Europe’s fund inflows set for record in 2017 – Morningstar
The net amount of money flowing into the European asset management industry is on course to hit a record level in 2017, thanks in part to strong demand for fixed income products, according to asset flows data compiled by Morningstar.
M&G begins Brexit-linked shift of funds to Luxembourg
UK fund manager M&G Investments has begun to transfer the assets of four UK-domiciled open-ended funds with assets of around €10.5bn (£9.3bn) to equivalent funds on its Luxembourg platform.
Mobius to retire from Franklin Templeton after 30 years
Emerging markets pioneer Mark Mobius will be stepping down as executive chairman of the Templeton Emerging Markets Group (TEMG) and formally retire from Franklin Templeton on 31 January.
Morgan Stanley IM offers China A-shares access in new Sicav
Morgan Stanley Investment Management (MSIM) is to offer access to its well-established China A-shares fund through a Luxembourg-domiciled Sicav.
Adviser interest in Jupiter European fund rockets
Alexander Darwall’s Jupiter European fund has piqued the most interest from advisers as its performance details were viewed almost 50% more times than second-most viewed fund Fundsmith – Equity in 2017, according to FE Analytics.