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Fund and manager news

All the latest news on funds, ITs and ETFs

Andy Brough attempts to engineer Bovis merger

by Dylan Lobo on Jan 23, 2017 at 09:58

Schroders fund manager urges Berkeley Group to bid for rival troubled Bovis Homes but reports say it is not keen on £5 billion tie-up.

Jupiter eyes emerging market trust launch

by Danielle Levy on Jan 20, 2017 at 09:49

Renewed enthusiasm for emerging markets could see Jupiter Fund Management launch an income investment trust under Ross Teverson.

Hard Brexit is coming! Here's the fallout for UK property

by Danielle Levy on Jan 20, 2017 at 07:00

Now that Theresa May has outlined plans for a 'hard Brexit', what does 2017 hold for UK commercial property?

Vanguard cuts fees on £5bn LifeStrategy fund range

by Dylan Lobo, Gavin Lumsden on Jan 19, 2017 at 00:01

US index-tracking giant Vanguard trims annual charge on its LifeStrategy funds to 0.22% as it prepares to expand in the UK.

Fund managers buy euro equities as Trump fears loom

by Danielle Levy on Jan 18, 2017 at 11:01

Trade protectionism cited as the biggest concern amongst global fund managers surveyed this month. 

Pearson delivers Train more pain as shares crash

by Daniel Grote on Jan 18, 2017 at 10:44

Latest in string of profit warnings for publisher sends shares diving, delivering another blow to star fund manager Nick Train.

Why tech titans shouldn't fear ‘protectionist’ Trump

by Chris Sloley on Jan 18, 2017 at 07:00

GAM technology fund manager Mark Hawtin believes sector’s big names better equipped to cope with new administration than some realise.

Fundsmith sends £30m to Mauritius

by Dylan Lobo on Jan 13, 2017 at 13:09

Terry Smith's investment firm enjoyed a bumper financial year and has strengthened its ties to Mauritius.

Neil Woodford compares Trump rally to tech bubble

by Danielle Levy on Jan 12, 2017 at 16:45

Leading fund manager admits 2016 tested his resolve with his fund up just 3% as oil stocks soared in a market he says ignored valuations.

Numis: our New Year investment trust tips

by Danielle Levy on Jan 12, 2017 at 00:01

Lindsell Train, Witan, Woodford Patient Capital and BlackRock Income Strategies loom large in Numis' annual investment trust review.

A contrarian cheer for Marks & Spencer!

by Gavin Lumsden on Jan 11, 2017 at 16:05

Alasdair McKinnon of Scottish Investment Trust explains why he buys shares like Marks & Spencer when they are out of favour.

Winterflood: investment trust tips for 2017

by Gavin Lumsden on Jan 10, 2017 at 12:37

Looking for inspiration for your investment trust portfolio? Winterflood Securities has published the annual review of its recommendations.

Vanguard vanquishes rivals with $200bn inflows

by Michelle McGagh on Jan 10, 2017 at 00:01

US tracker fund giant last year attracted more money than its 10 biggest rivals combined as demand for cheap, passive funds grew.

Funds Focus: Trump hits Woodford, Train & Smith

by Daniel Grote on Jan 09, 2017 at 17:06

A turnaround in markets, accelerated by Donald Trump's election, has put star fund managers on the back foot.

Scottish Mortgage star's US fund gets fee cut

by Daniel Grote on Jan 05, 2017 at 12:53

Baillie Gifford cuts charge on American fund fresh from overhaul by Scottish Mortgage co-manager Tom Slater.

Cohen & Steers launches commodities fund into UK

by Dylan Lobo on Jan 05, 2017 at 09:41

US asset management firm believes commodities rally has further to go after a dramatic recovery last year.

Neptune's Burnett: why value is back in Europe

by Dalvinder Kular on Jan 04, 2017 at 16:35

Manager of Neptune European Opportunities explains why the fund was one of Europe's best performers last year.

M&G launches all-weather 'absolute return' funds

by Daniel Grote on Jan 04, 2017 at 13:30

Group targets cautious investors with two funds designed make money whatever stock market conditions prevail in the years ahead. 

Woodford-backed legal fund soars on Argentina hopes

by Gavin Lumsden on Jan 03, 2017 at 16:43

Burford Capital, the litigation finance fund backed by star investor Neil Woodford, on verge of massive legal win against Argentina's government.

Walker passes Children's fund to up-and-coming manager

by Gavin Lumsden on Jan 03, 2017 at 10:45

New Year reshuffle at Invesco Perpetual sees analyst Tim Marshall promoted to replace Martin Walker on its Children's fund. 

Investment Trust Insider 35 is out now!

by Gavin Lumsden on Dec 27, 2016 at 00:01

2016 was not a vintage year for investors but there were enough thrills and spills to keep it interesting. We look at the winners and losers.

The managers backing a golden era for value stocks

by James Carthew on Dec 22, 2016 at 07:00

Could this be the start of a great rotation into value stocks? Marten & Co director James Carthew puts forward the case.

Woodford's profits surge 212% after bumper year

by David Campbell on Dec 21, 2016 at 11:55

Profits at Woodford Investment Management surged 212% after a bumper year for the star manager's company.

Trust managers back banks to perform in 2017

by Danielle Levy on Dec 20, 2016 at 07:00

Investment trust managers say it is time for financials to shine, following a challenging seven years.

Equity income: is this the great rotation?

by Danielle Levy on Dec 19, 2016 at 08:48

How exposed does the shift from expensive bonds and quality, defensive stocks leave UK equity income investment trusts? Experts discuss.

Are infrastructure trusts too expensive?

by Gavin Lumsden on Dec 16, 2016 at 09:12

Shares in the £12 billion infrastructure investment trust sector are under pressure from rising US interest rates and falling bond markets.

Aberdeen: how we will revive BlackRock Income

by Gavin Lumsden on Dec 16, 2016 at 08:53

Aberdeen fund managers Mike Brooks and Tony Foster discuss their plans to turn round BlackRock Income Strategies Trust (BIST).

Alliance Trust sells fund manager in radical shake-up

by Gavin Lumsden on Dec 15, 2016 at 10:12

Global investment trust to adopt a 'multi-manager' strategy after selling its fund management arm to Liontrust for £30 million.

'Complacent' Train sticks with consumer stocks

by Danielle Levy on Dec 14, 2016 at 15:16

Nick Train has asked himself if he is paranoid enough about Finsbury Growth & Income's winners, like Marmite maker Unilever, but remains confident they have even further to go.

James Henderson admits selling miners too early

by Michelle McGagh on Dec 14, 2016 at 13:49

Lowland investment trust manager bought into Anglo American and Glencore late last year but admits selling too early as mining rally strengthened.

Investment Trust Insider 34 is out now!

by Gavin Lumsden on Dec 14, 2016 at 10:15

The latest issue of our free e-zine looks at the changes blowing the way of UK equity income and infrastructure trusts.

Hargreaves unveils stocks in UK shares fund

by Michelle McGagh on Dec 13, 2016 at 12:57

Online stockbroker reveals stocks held by HL Select UK Shares fund, after manager Steve Clayton's £168 million shopping spree.

Lofthouse buys battered European banks

by Michelle McGagh on Dec 12, 2016 at 07:00

Low interest rates cannot carry on indefinitely and when they rise banks stand to benefit, according to Henderson's Ben Lofthouse.

Investors strive to bridge the UK technology gap

by Danielle Levy on Dec 09, 2016 at 11:20

A new fund to find the next generation of UK tech stocks is backed by Neil Woodford and Legal & General. We ask, where are other investors looking?

John Bennett: the difference between a slump and a crash

by Dalvinder Kular on Dec 09, 2016 at 10:55

Henderson's Citywire A-rated manager reflects on a near 30-year career investing in Europe's volatile stock markets.

Richard Woolnough: UK market losing out to US

by Danielle Levy on Dec 08, 2016 at 16:15

UK's capital markets are becoming less important, says M&G bond fund manager who believes a wave of cash will lift US bonds.

Plowden points to Rolls-Royce as tech stocks power Monks recovery

by Michelle McGagh on Dec 07, 2016 at 17:17

Tech stocks like Naspers underpinned Monks' strong first-half performance but investment trust's manager Charles Plowden hopes for great things from fallen engineer Rolls-Royce.

Where on earth should you invest in the Trump era?

by Michelle McGagh on Dec 07, 2016 at 11:05

Investors debate the outlook for Europe, US and emerging markets in the aftermath of the US election.

25 years on, Europe remains in crisis... but opportunities remain

by Danielle Levy on Dec 05, 2016 at 07:00

It feels like Europe has 'perpetually been in crisis' but there's still money to be made, says Fidelity European Values manager Sam Morse on the investment trust's 25th anniversary.

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