Swings and roundabouts Merian Global Investors

Six new assets for Franklin Templetons diversified Social Infrastructure Fund

Link UK dividend monitor Q2 2019 reaction from LG

The Boris Brigade the impact on SMEs and investment according to IW Capital

Markets should be wary of Boris Johnsons attitude to fiscal stimulus and taxation MG Investments

Franklin Templeton Boris Johnson faces challenges at home and abroad

Assessing value for money in a post-MiFID world -lang cats Mike Barrett has a practical take on it for advisers

Foresight invests additional 4.0m into portfolio company ONFAB to support acquisition of Envair

Boris and Brexit Paul OConnor, Janus Henderson

The Boris factor comment on Johnsons appointment as Tory leader from Tom Selby, AJ Bell.

Morningstar has revamped its fund classification system for UCITS funds, discontinuing use of the Absolute Return category.

The firm has added 18 new alternative investment categories to replace ones such as EUR Absolute Return, Non-EUR Absolute Return and Long-Short. According to Morningstar, the new categories are a wholesale upgrade of its classification of open-end funds with alternative investment strategies, which offer investors clearer descriptions of the underlying strategies employed by the funds.

The new categorisations see the underlying investment portfolio and risk exposures being used to determine category selection. Funds are also split depending on region, asset class and strategy type.

Absolute Return as a fund category definition has become too associated with a broader industry marketing term that has made performance promises that have often failed to deliver, said Christopher Traulsen, director of European and Asian fund research for Morningstar. To make our categories more useful and transparent to investors, we reviewed our alternative peer groups to better categorise funds by the type of strategy deployed.

We believe the new alternative categories do a superior job of capturing the range of strategies used by the represented funds, and were pleased to offer this further clarity to investors and fund providers.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.