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Fund and manager news

All the latest news on funds, ITs and ETFs

Williams: 'disgustingly cheap’ small firms will grow dividends

by Jonathan Yarker on Oct 31, 2014 at 10:42

Gervais Williams believes slowing global growth is a 'game changer' for income investment.

Schroder UK Growth picks Matthews as Dean successor

by Daniel Grote on Oct 30, 2014 at 16:28

Struggling investment trust hopes the man who replaced Richard Buxton at Schroders can revive its fortunes.

Alliance Trust cuts five from shares team in £2m restructure

by Daniel Grote on Oct 29, 2014 at 12:33

Move follows Ilario di Bon's departure from the underperforming global investment trust.

Star manager Julie Dean joins Sanditon

by Daniel Grote on Oct 29, 2014 at 10:00

Former Schroder UK Opportunities and Schroder UK Growth manager to run new UK fund for Sanditon.

Murray's Stout: investing doesn't get much tougher than this

by Jeff Salway on Oct 28, 2014 at 14:06

Murray International manager Bruce Stout says current investment climate is among the most challenging he has known.

5,000% return?! The trusts I should have bought

by James Carthew on Oct 28, 2014 at 13:11

As Citywire columnist James Carthew chalks up 30 years of working in investment, he looks at the trusts that have delivered over that time.

Woodford props up tumbling UK fund sales

by Daniel Grote on Oct 28, 2014 at 11:24

Fund sales have fallen to their lowest level since the start of 2013, but Neil Woodford continues to attract large amounts of money.

Simon Brazier handed Investec UK Alpha fund

by Daniel Grote on Oct 27, 2014 at 11:57

Brazier will rely on the same investment style employed on the £2 billion Threadneedle UK fund.

Buxton backs resurgent Shire; Ebola knocks FTSE

by David Campbell, Gavin Lumsden on Oct 24, 2014 at 17:19

Fund manager Richard Buxton buys back into Shire after its failed takeover by Abbvie. Ebola scare knocks FTSE but index is up on the week.

Why Mark Slater is backing Walt Disney

by Selin Bucak on Oct 24, 2014 at 15:37

Mark Slater, chief investment officer of Slater Investments, has spotted value in The Walt Disney Company (DIS.N).

Watchdog bans adviser for 'reckless' fund advice

by David Campbell on Oct 23, 2014 at 13:46

City regulator intends to ban and fine a former financial adviser after he ‘recklessly’ recommended high-risk investments

Is Chinese growth slowdown a sign of trouble ahead?

by Selin Bucak on Oct 22, 2014 at 13:36

China's disappointing growth figures could ironically prove positive, says one investor.

Why we're holding our nerve in the tech crash

by Gavin Lumsden on Oct 20, 2014 at 13:33

Walter Price of Allianz Technology Trust explains how he's looking at investments, including Apple and Alibaba, after a 10% drop in the fund's shares. 

Henderson Value has promising future, if it survives

by James Carthew on Oct 20, 2014 at 12:05

If it can survive a shareholder continuation vote the outlook for Henderson Value Trust could be good, says James Carthew. 

What Woodford and other managers think of the crash

by Gavin Lumsden on Oct 17, 2014 at 15:50

(Update) Don't despair, say Neil Woodford and other fund managers. The crash is not a new financial crisis and the worst may be over.

What happened to bonds? Capitulation, that’s what

by Gavin Lumsden on Oct 17, 2014 at 13:23

Ben Lord of M&G says the crash in US treasuries on Wednesday says more about bond investors than the global economy.

London Mining files for administration following BlackRock writedown

by David Campbell on Oct 16, 2014 at 23:57

Shares in the business invested in by BlackRock World Mining had been effectively marked down to zero.

Buffett sells Tesco as bondholder bets on shareholder pain

by Daniel Grote on Oct 16, 2014 at 11:57

US investor Warren Buffett sells more Tesco shares after his 'huge mistake', but are the supermarket's bonds a smarter buy?

Richard Pease quits Henderson, taking fund with him

by Gavin Lumsden on Oct 15, 2014 at 12:21

Richard Pease to take £1.2 billion Henderson European Special Situations fund to his new employer, Crux Asset Management. 

Jupiter Merlin team ups Woodford stake to £800m

by Jonathan Yarker on Oct 14, 2014 at 15:39

Jupiter moves more money held in Neil Woodford's old Invesco Perpetual Income and High Income funds to CF Woodford Equity Income.

As markets turn red, is it Ruffer's time to shine?

by Tim Cooper on Oct 13, 2014 at 12:14

With markets hitting difficulties, some investors may be eyeing the notoriously risk-averse RICA. Here's what the managers are up to.

BlackRock World Mining pledges to hold dividend after London crash

by James Phillipps on Oct 10, 2014 at 17:02

BlackRock World Mining promises to pay its final dividend in full as shares in London Mining, its sixth biggest investment, are suspended.

Palm oil stock skyrockets after 'knockout' bid

by Daniel Grote on Oct 09, 2014 at 15:29

Shares in New Britain Palm Oil, held by a number of well-known UK funds, rise by more than 70% after £1.1 billion bid.

Mark Barnett reveals trio of buys for Invesco funds

by Gavin Lumsden on Oct 08, 2014 at 15:57

Mark Barnett, the man filling the boots of Neil Woodford at Invesco Perpetual, has bought three new stocks across his army of funds.

Jupiter's Somerville: labour market is Japan's shining light

by Matthew Goodburn on Oct 08, 2014 at 14:41

Jupiter Japan Income manager says stock market should receive boost from country's own Nisa savings scheme and government pension money.

Trust discount hunter targets miners and Chinese property

by Jennifer Hill on Oct 08, 2014 at 12:30

Nick Greenwood of Miton Worldwide Growth is buying investment trusts in junior miners and Chinese property.

Investors flee Schroder UK Opportunities after Dean exit

by Danielle Levy on Oct 07, 2014 at 16:37

Investors have pulled more than £500 million after shock departure of star manager.

Woodford sells Reckitt Benckiser after 10 years

by Danielle Levy on Oct 07, 2014 at 15:17

Star manager Neil Woodford sells Reckitt Benckiser and tops up positions in British American Tobacco and Next.

iShares launches ETFs for different styles of investment

by Daniel Grote on Oct 06, 2014 at 15:50

Are you looking for value, momentum, quality or mid-cap stocks? A new range of 'smart beta' exchange-traded funds aims to give you the choice. 

Trackers or ETFs: which are best for income seekers?

by Jennifer Hill on Oct 06, 2014 at 08:00

If you've opted for a passive approach to income investment, should you use an exchange-traded fund (ETF) or a tracker?

An Establishment figure that looks to the East

by James Carthew on Oct 03, 2014 at 13:50

Investment trust expert James Carthew reviews Establishment (ET), a global trust that invests a lot in Asia.

Tesco: how to avoid yields too good to be true

by Jennifer Hill on Oct 03, 2014 at 13:14

Investors like dividend income from shares but a high yield can be a warning, as Tesco shows. Fund managers explain what to look out for.  

Shock horror! Income tracker fund beats Woodford

by Daniel Grote on Oct 03, 2014 at 08:00

Neil Woodford, Britain's most famous investor, loses out to a Vanguard tracker fund. Plus six more active vs passive battles.

Pimco Total Return suffers record $23.5bn outflow

by James Phillipps, Gavin Lumsden on Oct 02, 2014 at 18:41

The departure of manager Bill Gross has prompted huge outflows from the Pimco Total Return fund raising fears of bond market mayhem.

Unicorn Income duo: life after John McClure

by Danielle Levy on Oct 02, 2014 at 14:56

Unicorn equity income fund managers Simon Moon and Fraser Mackersie talk about what they are doing with the portfolios they took on after the death of star investor John McClure. 

Fund face-off: two passive income titans put to the test

by Daniel Grote on Oct 02, 2014 at 08:00

Vanguard FTSE UK Equity Income and iShares UK Dividend are both big passive funds focused on UK shares income, but which is best?

Vanguard unveils four FTSE ETFs

on Oct 01, 2014 at 16:15

Vanguard has launched four FTSE-based exchange traded funds (ETFs) for its low cost Dublin-based investment range.

Channel Islands Stock Exchange fined over Arch Cru scandal

by Jun Merrett on Oct 01, 2014 at 16:09

The Channel Islands Stock Exchange CISX has been fined £190,000 after admitting it was ‘seriously at fault’ in in relation to possible ‘irregular trading’ of the Arch Cru funds.

Fund fee fighters launch investments for ISA savers

on Sep 30, 2014 at 14:54

SCM Private offers its portfolios of exchange traded funds to investors with £15,000 and claims to be cheaper than rivals. 

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