A new wave of outperformance for high yield debt plus a return to financing strategies seen pre-crisis have begun to alarm bond fund managers.
PSigma Investment Management CIO Tom Becket has sold out of the £11bn Invesco Perpetual Income fund after ten years following news of manager Neil Woodford's departure.
PSigma is to close Tom Becket's £18m Dynamic Multi-Asset fund, taking the firm's range down to three funds.
Miton Group plc, the AIM quoted fund management company, has announced the acquisition of the entire issued share capital of PSigma Asset Management
Thomas Miller Investment has poached Matthew Lonsdale from Psigma to give him the role of head of intermediary business development.
Psigma Investment Management has cut the AMC on its discretionary fund range from 1% to 0.5% in a move to broaden its reach into the intermediary market.
In the latest Interactive Financial Adviser debate, our panelists from Legg Mason, PSigma and S&P Capital IQ discussed US Equities.
As China begins its New Year celebrations, Jing Sun, manager of the PSigma Global Equity fund, reports back from a recent trip to the region and looks at what the next 12 months have in store.