November 2020 was a month of record highs for the fund market as savers invested GBP8.3 billion, according to the latest figures from the Investment Association.
Results & performance
BITE Investments has made significant progress in 2020 despite the challenges posed by the coronavirus pandemic.
ESG funds have outperformed their peers across major equity markets in 2020, delivering near double the returns of non-ESG mandates in the IA Global sector, Willis Owen’s inaugural annual ESG review reveals.
Hong Kong continues to play a leading role as a leading global finance and business centre and is set to continue to do so, with business booming amongst HNW and UHNW Chinese families seeking sophisticated wealth planning solution, reports ZEDRA the fast growing global specialist in corporate, fund and “Active Wealth” solutions.
FE Investments, the investment arm of global fund data company FE fundinfo, has seen a record 125 per cent increase in assets under management (AUM) this year into its Responsibly Managed portfolio range.
UK savers put GBP5.3 billion into retail funds in Q3 2020, more than three times the net retail sales of Q3 2019 (GBP1.2 billion), according to latest figures published today by the Investment Association (IA).
HSBC Private Banking has raised more than USD1.6 billion of private client funding for alternative investments globally from January to end August 2020 across a broad range of product solutions including hedge funds, private equity, private credit and a private REIT strategy.
The WealthSelect managed portfolio service has reduced its equity allocations to the US and Asia following strong market performance, adding to the UK and Europe as a result.
A new study of Wealth Managers, Discretionary Fund Managers (DFMs), banks and platform providers has uncovered average portfolio falls of 12.5 per cent between mid-February, as news of the coronavirus outbreak in Wuhan began to affect market sentiment across the rest of the world, and mid-June when wealthtech firm Dunstan Thomas’ conducted the survey.
The PraxisIFM Group has reported a 7 per cent increase in revenue to GBP60.5 million for the year ended 30 April 2020 (2019: GBP56.3m).