Outflows from UK equity funds gathered pace in August, with £2.6bn of assets being pulled from the market area over the course of the month, according to Morningstar’s latest fund flows report.

Baillie Gifford has closed three of its UK government bond funds, according to its inaugural Assessment of Value (AoV) report, which found two of the products - the Baillie Gifford Active Gilt and Active Long Gilt funds - failed to consistently meet their...

PGIM Investments has launched a global corporate ESG fund, which will be “the first of a newly-created suite” of PGIM Fixed Income’s ESG UCITS strategies available to investors outside of the US.

Fidelity International has launched three actively-managed ESG ETFs, further expanding the five-strong Sustainable Family range of funds it released in last September.

The coronavirus outbreak will significantly impact risk assets over the coming "years, rather than months", according to economist and author Anatole Kaletsky, who warned that central bank reactions to the illness could artificially inflate asset prices...