UK

Carbon capture, hydrogen, nuclear, electric vehicles (EVs) and renewables all set to benefit from £12bn government stimulus plan, but critics warn funding falls well short of the level required to trigger a green recovery.

Fund giant BlackRock's first Assessment of Value (AoV) report covering its UK operations has revealed one fund liquidation, fee cuts for two vehicles and "enhanced performance monitoring" established for five underperforming funds.

Latest Morningstar monthly flow figures

Lower gilt yields to blame

A record-breaking 150 ‘dog’ funds have been identified in the latest bi-annual Bestinvest Spot the Dog report, with total assets of £54.4bn sitting in these vehicles.

Bank of England governor Andrew Bailey has warned the UK economy could suffer worse "scarring" from the coronavirus crisis than originally predicted in August.

Link Fund Solutions has written to investors to confirm the amount and date of the third capital distribution to investors in the former Woodford Equity Income fund.

Equities flows YTD remain negative

Juno Capital has distanced itself from former fund manager Neil Woodford, following reports he had taken an advisory role with the firm last week.

A majority (51%) of investors have replaced active mutual funds with ETFs in their portfolios, citing liquidity and total cost of ownership as the most important criteria when selecting the passive products, according to the inaugural TrackInsight Global...