Funds & Fund Managers
Five giant funds investors are selling en masse
Citywire Selector takes a closer look at the heavyweights who sought huge withdrawals over the past six months.
Neuberger Berman bond fund manager dies
Patrick Flynn, a 13-year Neuberger Berman bond manager, who specializes in high yield bonds and senior floating rate loans, passed away unexpectedly.
Top earner Woolnough sees outflows of £1.5 billion in February
M&G's top-earning fund manager Richard Woolnough saw £1.5 billion leave his M&G Optimal Income fund in February as investors continued to be cautious of stock markets
JPM AM adds manager to €2.5bn funds in bond reshuffle
The firm has bolstered Citywire A-rated Seamus Mac Gorain and Citywire + rated David Tan’s multi-billion-dollar bond funds in a host of fixed income changes.
Oil and miners drive FTSE higher as Fed takes hikes off table
Federal Reserve signals it will hold back from raising interest rates for the rest of the year, driving FTSE 100 higher.