How Tower Hill Associates manages £55m of clients' money
Hargreaves Lansdown has launched six "ready-made" portfolios for non-advised investors, offering access to its £5bn multi-manager range for an ongoing fee below 2%.
Multi-asset survivors: The six funds still loved after a decade
Wealth manager and platform Hargreaves Lansdown has raised £94m for the latest addition to its multi-manager range, an Asia and emerging markets fund.
JP Morgan's multi-management team has moved money out of equities as it turns from bullish to neutral on risk assets for the first time.
Ian Aylward has cut Aviva Investors' multi-manager exposure to US equities to an underweight position for the first time since 2011, fearing the stocks are deeply over valued.
Assets in Hargreaves Lansdown's multi-manager range have moved closer to the £5bn mark after the company raised £162m for its HL Multi-Manager UK Growth fund, which launched on 23 January.
With markets like these, what's an investment adviser to do?
Miton Group lost a third of its assets under management over the course of last year, as a result of selling off part of its business and continued outflows.
Advisers are being exposed to accusations of negligent advice by the regulator because comparing charges for the most common outsourced investment options - multi-manager (MM) and discretionary fund managers (DFMs) - is "impossible", according to a damning...