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Fund and manager news

All the latest news on funds, ITs and ETFs

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. 

Fund sales fall as investors pause for breath

by Gavin Lumsden on Sep 30, 2014 at 12:56

Sales of unit trusts and open-ended investment companies fell to a 19-month low in August. Property and equity income funds took in the most money.

Diary of a Dumb Investor: Tesco looks a bargain, right?

by Dumb Investor on Sep 30, 2014 at 07:20

I've been sorely tempted to buy Tesco after its shares took a hammering.

Gross misconduct? Bill Gross quits Pimco for rival

by Gavin Lumsden on Sep 26, 2014 at 14:43

The world's most famous bond fund manager leaves the firm he founded over 'fundamental differences', according to the company.

Woodford: fund managers short-termist and overpaid

by Daniel Grote on Sep 26, 2014 at 12:23

Woodford tells BBC's Today programme fund managers are under too much short-term pressure and costs need to fall.

Newton's Harries: my defences are up as QE exit looms

by Danielle Levy on Sep 26, 2014 at 11:15

Newton Global Higher Income manager James Harries believes the challenges facing China are being revealed to the world.

Di Bon quits as Alliance Trust's head of shares

by Gavin Lumsden on Sep 25, 2014 at 15:41

Alliance Trust, the underperforming global investment trust stalked by a US hedge fund, has replaced its head of equities.

Mid-cap star Ashton Bradbury to retire from Old Mutual

by Dylan Lobo, Gavin Lumsden on Sep 23, 2014 at 17:10

Bradbury had a strong record in UK small and medium-sized companies although retail investors lost him to the hedge fund world in recent years.

US blockbuster manager says market will break more records

by Matthew Goodburn, David Campbell on Sep 23, 2014 at 13:14

Despite fears of a pull-back, Franklin Templeton manager Grant Bowers is backing the US market to continue to break records.

Investment trusts: are you ready for another tantrum?

by Gavin Lumsden on Sep 23, 2014 at 11:55

How investment trusts are preparing for a rise in interest rates.

Electra hits back at Sherborne's ‘exuberant’ claims

by Dylan Lobo on Sep 22, 2014 at 15:29

Electra Private Equity and Sherborne Investors are locked in a war of words ahead of an extraordinary general meeting on 6 October.

Investment trusts for the emerging markets recovery

by Gavin Lumsden on Sep 22, 2014 at 11:26

Shares in global emerging market investment trusts are kicking back after a period in the doldrums. Which should you choose?

Tesco tumbles on probe into overstated profits

by Daniel Grote, Dylan Lobo on Sep 22, 2014 at 09:28

Supermarket suspends executives as it warns market first-half profits were overstated by £250 million.

Tulloch disappointed at 'no' vote on Scottish independence

by David Sandham on Sep 19, 2014 at 16:12

Fund manager Angus Tulloch says the Scottish referendum was a 'great day for democracy' even if independence wasn't achieved.

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