St James’s Place fund in the doghouse over underperformance Investing St James’s Place’s Global Quality Fund has retained its spot as the largest fund to be consistently underperforming after falling 26 per cent below its benchmark over the last three years. The report from Bestinvest, which identified the funds in the ‘doghouse’ due to persistent underperformance, found 137 funds struggling to match their peers. Despite the [...]
Columbia Threadneedle property trust bought out for £673m despite management complaints Investing Columbia Threadneedle-run Balanced Commercial Property Trust has reached a deal to be sold for £673.5m, despite objections from its investment manager. The trust has been managed by Columbia Threadneedle since it was created in 2005, and began a strategic review this April after shareholders told it there was “need for change from the status quo”. [...]
Threadneedle accuses KKR of ‘ram raiding’ UK equities in fallout from IQGeo bid tech Threadneedle has accused KKR of "ram raiding" the London stock market, in the wake of the US private equity firm's takeover of IQGeo.