Schroders assets shrink as Man Group inflows miss forecasts
Schroders' assets under management (AUM) fell to £724.3billion in the period to 30 September, down from £726.1billion at the end of June.
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Schroders' assets under management (AUM) fell to £724.3billion in the period to 30 September, down from £726.1billion at the end of June.
A look at the Japanese stock market and three fund picks: iShares Japan Equity Index - low-cost, broad exposure to the Japanese stock market.
(Bloomberg) -- Asia’s best-performing equity funds of last year have now tumbled to near the bottom of the pile as their bets on China’s green energy rally turn sour.
Asia’s best-performing equity funds of last year have tumbled to near the bottom of the pile as their bets on China’s green energy rally turn sour. Driving the underperformance are the funds’ holdings in China’s renewable energy and electric vehicles, whose shares have taken a beating after two years of scorching rallies following Beijing’s carbon neutrality goals. Even as China reaffirms its policy easing stance, monetary tightening elsewhere has pushed up global borrowing costs, spurring a rush out of frothy shares. The five stock mutual funds that handed investors at least 30 per...