Managers of 130/30 funds have defended the future of the strategy despite a number of underperforming vehicles losing half their value in 2008.
Designed to bring the hedge world closer to the mainstream retail investor, the 130/30 approach has been under intense redemption pressure in the more established US market recently after poor relative...
Nine in 10 do not have income protection
Set to become part of Single Financial Guidance Body
Also plan to scrap NI on contributions
Eight-week high against US dollar