SVM to keep equity funds onshore despite slowdown

Professional Adviser
clock

SVM Asset Management is looking to keep its three onshore UK and European equity funds even though t...

SVM Asset Management is looking to keep its three onshore UK and European equity funds even though these have total assets of £5.2m between them. They have just reached their three year track record with the £0.3m Continental Europe Fund gaining a five star rating from Standard & Poor's, while the £1.9m UK 100 Select and £3m UK Opportunities funds each received four star rankings. Mark Noble, head of retail at SVM, there was a general lack of interest in funds due to the state of the market. Last year SVM moved the three products onshore but was allowed by the IMA to keep the performanc...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •