Jupiter's multi-manager Merlin team is understood to have sold out of its entire holding in the Woodford Equity Income fund by the end of September, having started to gradually reduce its exposure in 2015 from a peak of about £947m.
John Chatfeild-Roberts, head of Jupiter Asset Management's Merlin fund range, had already reduced exposure to the Woodford Equity Income fund across three multi-manager portfolios by £382.8m over the period...
Advisers have taken to multi asset investments and the 2019 Fidelity/Professional Adviser survey explains why, says Aamina Zarfar.
'View from the front row'
PARTNER INSIGHT: Many investors know that it rarely makes sense to have all their 'eggs in one basket.' That is why some investors choose to diversify. Jaime Arguello, chief investment officer of multi-manager Architas, explains why
PARTNER INSIGHT: The rise in demand for multi-asset investing is largely driven by the need for a simple one-stop solution for investors, says Frank Potaczek, head of UK proposition at Architas
Secondary commercial property an exception
The Pensions Ombudsman (TPO) has rejected a number of complaints from members of the embattled and collapsed British Steel Pension Scheme (BSPS).
More than 30 firms pull out in just three months
Fell into administration this year
The Financial Conduct Authority (FCA) has told the FT that it does not keep a record of investment fund suspensions.