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Fund and manager news

All the latest news on funds, ITs and ETFs

Jupiter UK Growth bruised but bullish after Brexit vote

by Daniel Grote on Sep 23, 2016 at 11:20

Steve Davies says shares in some of his UK-focused stocks could rally 50% in two years after taking a big hit from the Brexit vote.

AIM in the crosshairs: does the index hit the target?

by Rob Griffin on Sep 21, 2016 at 11:44

AIM has had spectacular successes and shocking failures but it still offers opportunities to investors in search of high-growth companies

Terry Smith doubles stake in his top performing fund

by Dylan Lobo on Sep 21, 2016 at 11:02

Smith has more than doubled his investment in his Fundsmith Equity fund to £200 million after selling his stake in Tullett Prebon.

Banks lead FTSE higher as Japan ramps up stimulus

by Daniel Grote on Sep 21, 2016 at 10:20

Banks rise to top of FTSE 100 as more stimulus efforts from Japan buoy risky assets globally.

Burberry and Tesco lead FTSE higher ahead of Fed

by Daniel Grote on Sep 20, 2016 at 15:48

New clothes collection sparks clamour for Burberry shares while signs of turnaround at Tesco encourage investors.

Aberdeen and Baillie Gifford trusts cut charges

by Daniel Grote on Sep 20, 2016 at 14:06

Aberdeen Asian Smaller Companies and Baillie Gifford Shin Nippon become latest investment trusts to cut management charges.

Cannabis pioneer lifts M&G Recovery out of doldrums

by Terri-Ann Williams on Sep 20, 2016 at 10:46

Stunning success of GW Pharmaceuticals shows M&G Recovery at its best, says fund manager Tom Dobell. Can it improve performance?

Henderson to re-open UK Property fund after disposals

by Sean Butters on Sep 20, 2016 at 10:08

Crisis in open-ended property funds eases with Henderson planning to reopen big UK real estate fund after number of sales.   

Funds Focus: Woodford leads the way after Brexit

by Daniel Grote on Sep 19, 2016 at 16:49

Neil Woodford cements his performance record with a strong Brexit recovery, while property continues rebound.

FTSE rebounds as investors write off US rate hike

by Daniel Grote on Sep 19, 2016 at 10:19

FTSE 100 makes up all of last week's lost ground, led by miners and oil stocks as investors bet against US interest rate rise.

4 shares the pros are buying and selling

by David Campbell on Sep 19, 2016 at 05:01

Our regular roundup of trades by professional investors, featuring Shawbrook, Xeros Technology, PageGroup and RM.

Infrastructure stocks eyed ahead of Autumn Statement

by Michelle McGagh on Sep 16, 2016 at 07:47

Investors hope new chancellor Philip Hammond will deliver a boost to spending on roads, railways and housing in November

Want a 4% return? That's no longer realistic

by Michelle McGagh on Sep 14, 2016 at 17:33

Taking 4% a year out of retirement portfolios may no longer be safe as it once was, says investment giant BlackRock.

Investors piling into cash amid ‘bond shock’ fears

by Terri-Ann Williams on Sep 14, 2016 at 10:50

Survey shows more fund managers fearful that both share and bond prices are too high and taking safety in cash.

BlackRock and Aberdeen agree to cut trust charges

by Sean Butters on Sep 14, 2016 at 09:55

BlackRock Latin American and Aberdeen Private Equity join line of investment trusts negotiating lower fees with their fund managers.

Woolnough moves to 'negative duration' on UK bonds

by Dalvinder Kular, Gavin Lumsden on Sep 09, 2016 at 10:22

Unusual move sees manager Richard Woolnough protect £15 billion M&G Optimal Income fund from high bond prices and rising inflation.

Jupiter bolsters line-up on Japan Income fund

by Joshua Thurston on Sep 08, 2016 at 09:20

Mitesh Patel joins firm to help new manager of its Japan Income fund after departure of Simon Somerville.

Nick Train: I love Euromoney (& can't believe my luck)

by Gavin Lumsden on Sep 07, 2016 at 07:00

Finsbury Growth & Income star manager reveals his passion for trade publisher and surprise at his impressive 15-year track record.

The Expert View: BT, M&S and Berkeley

by Michelle McGagh on Sep 07, 2016 at 05:00

Our daily roundup of fund manager and analyst commentary on shares, also including United Utilities and Redrow.

Funds Focus: 'linkers' rally amid scramble for safety

by Daniel Grote on Sep 06, 2016 at 17:09

Index-linked bonds have enjoyed a remarkable rally since the 'Brexit' vote, despite low inflation. What's behind it?

FEET steps up share issue as emerging markets rally

by Michelle McGagh on Sep 05, 2016 at 17:07

Fundsmith Emerging Equities has already swelled its share capital by 10% and plans to issue more shares.

Fund managers take aim at Sports Direct and Speedy Hire

by David Campbell, Daniel Grote on Sep 05, 2016 at 12:21

Chairs of sportswear retailer and tool hire business under pressure as fund managers Royal London and Toscafund ramp up attacks.

Woodford lined up to support government-backed tech fund

by David Campbell on Sep 05, 2016 at 11:18

Citywire AA-rated Neil Woodford is among investors being lined up to support a new government-backed technology start-up fund.

4 shares the pros are buying and selling

by David Campbell on Sep 05, 2016 at 05:00

A roundup of trades by professional investors, including Neil Woodford’s latest buy.

Biotech firms broke 'moral' code but they're not all bad

by Michelle McGagh on Sep 02, 2016 at 08:30

Polar Capital Biotechnology fund manager defends the sector after Hillary Clinton rebuked one company, Mylan, over drug price hikes.

Funds Focus: a shocking year for 'absolute return'

by Daniel Grote on Sep 01, 2016 at 13:44

Investors continue to flock to funds claiming to offer wealth preservation despite evidence of woeful performance by some of them.

Fund managers failing to tackle fat cat pay, says Woodford

by Michelle McGagh on Sep 01, 2016 at 13:28

Leading fund manager Neil Woodford backs report by High Pay Centre calling for investors to curb boardroom excesses.

Ed Legget apologises after tough start at Artemis

by Daniel Grote on Sep 01, 2016 at 11:02

Artemis UK Select manager apologises after being caught out by 'Brexit' vote, losing investors 16% in first six months in charge.

Veteran income fund manager Jan Luthman retires

by Dalvinder Kular on Aug 31, 2016 at 12:48

Liontrust Macro Equity Income manager Jan Luthman is retiring after 30 years of working in investment.

Portfolio in need of a makeover? Try these funds

by Frank Talbot, Nisha Long, Zunaira Ashraf, Saleem Shivji on Aug 30, 2016 at 15:01

The Citywire Selection team outline their latest 'Star Pick' funds, covering all the major investment areas.

European straggler switches manager

by Gavin Lumsden on Aug 25, 2016 at 17:44

Edinburgh Partners' Dale Robertson has stepped down as manager of the underperforming European Investment Trust.

Investors pull another £2.2 billion from equity funds

by Dylan Lobo on Aug 25, 2016 at 17:30

Investors continued to dump stock market funds last month although the overall level of post-‘Brexit’ withdrawals reduced, new figures show.

The Expert View: Berkeley, Moneysupermarket and Interserve

by Michelle McGagh on Aug 23, 2016 at 05:00

A roundup of fund manager commentary on shares and investment trusts, also featuring Establishment and Science Group.

Woodford scraps bonuses in pay overhaul

by Daniel Grote on Aug 22, 2016 at 14:24

Woodford Investment Management scraps staff bonuses, arguing they do little to boost performance, moving staff to fixed salaries.

The Expert View: ITV, St James’s Place and Schroders

by Daniel Grote on Aug 22, 2016 at 05:00

A roundup of fund manager commentary on shares, also including Essentra and Atlantis Resources.

Investment Trust Watch: tiny Aurora's big 'discount'

by Gavin Lumsden on Aug 19, 2016 at 12:28

Is Aurora the cheapest investment trust on the planet? The UK's former worst-performing fund is certainly one of the most interesting.

Funds Focus: Aberdeen UK Property's surprise 'rally'

by Daniel Grote on Aug 17, 2016 at 17:06

Aberdeen was one of the few fund groups to keep its property fund open, and appears to be through the worst.

AAA-rated Martin Cholwill: why I'm bullish on oil majors

by Jonathan Yarker on Aug 17, 2016 at 16:27

BP and Shell offer dividend yields of over 7% but should maintain pay-outs given the five-year forecast for oil prices, says income manager.

Income star stubs out tobacco on 'safe haven' fears

by Daniel Grote on Aug 16, 2016 at 13:30

Artemis Global Income manager Jacob de Tusch-Lec says top performing 'defensive' shares vulnerable to a correction. 

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