FCA eyes extension of SDR remit to include portfolio managers
The Financial Conduct Authority has published a consultation paper looking to extend the remit of the Sustainability Disclosure Requirements (SDR) to portfolio managers.
The Financial Conduct Authority has published a consultation paper looking to extend the remit of the Sustainability Disclosure Requirements (SDR) to portfolio managers.
Morningstar has downgraded its rating of the Trojan Income fund from Positive to Neutral, noting recent “behavioural biases” from the vehicle’s new manager.
The Financial Conduct Authority’s plan to include portfolio management in the remit of the Sustainable Disclosure Requirements has been described as a “crucial” step for inclusion and the protection of retail investors.
Principal Asset Management has appointed Sylvain Agar as managing director and head of distribution for the UK and Ireland.
The Bank of England’s chief economist Huw Pill has said interest rate cuts remain “some way off” despite “satisfactory progress” in returning UK inflation to target.
Year-to-date outflows extended through March across most asset classes in the UK, according to data from Morningstar, with only property and money market sectors bucking the trend.
Asset Value Investors has launched the open-ended offering of its £200m Japan Opportunity trust, which focuses on Japanese small-cap equities.
Hargreaves Lansdown has dropped the Jupiter Global Value Equity from its Wealth Shortlist ahead of the departure of star manager Ben Whitmore.
The prospect of a bid for the battered shares of the Gresham House Energy Storage (GRID) trust have compelled London-based broker Stifel to upgrade its rating to ‘Positive’ from ‘Neutral’.