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Fund and manager news

All the latest news on funds, ITs and ETFs

Income star Harrison walks away from investment

by Dylan Lobo on May 05, 2016 at 13:09

Leigh Harrison, a Citywire AAA-rated manager of the £3 billion Threadneedle UK Income fund, calls time on his 32-year career.

Findlay Park co-founder steps back from top US fund

by Danielle Levy on May 04, 2016 at 07:20

Charles Park steps down as a fund manager at Findlay Park, where he helped treble investors' money in the US in the past 10 years.

Ex-CIA agents help Jupiter hone interrogation skills

by Dylan Lobo on May 03, 2016 at 09:05

Jupiter Fund Management has drafted former CIA agents to help its staff get better at grilling company bosses.

Scottish Mortgage shuns stock market for start-ups

by Daniel Grote on Apr 29, 2016 at 15:35

Most of the top-performing investment trust's new buys have been unquoted stocks, and more could be on the cards.

Investors shun European trusts amid growth fears

by Jennifer Hill on Apr 28, 2016 at 08:00

Discounts on European investment trusts have widened as worries over the continent weigh on investors.

Brazil's rocketing stock market: time to join the party?

by Jennifer Hill on Apr 28, 2016 at 08:00

As Brazil's stock market races ahead, is it finally time for investors to back the embattled country?

Fidelity star Alex Wright bemused by cheap Lloyds

by Daniel Grote on Apr 27, 2016 at 14:54

Fidelity Special Values manager reckons Lloyds could yield 8% this year but the shares remain cheap.

Fund sales collapse in worst ISA season on record

by Daniel Grote on Apr 26, 2016 at 14:09

Fund sales have collapsed in the worst 'ISA season' on record, as nervous investors took fright at volatile markets.

Lakehouse boss quits as Slater wins boardroom battle

by Daniel Grote on Apr 22, 2016 at 13:15

Embattled social housing company sees boss quit after star fund manager Mark Slater secures changes to the board.

Your 10-chart guide to asset allocation in 2016

by Gavin Lumsden on Apr 21, 2016 at 08:00

This month's Investment Trust Insider underlines the importance of diversifying your savings in order to cope with an uncertain world.

Claverhouse treads carefully ahead of Brexit vote

by Danielle Levy on Apr 20, 2016 at 10:22

William Meadon, manager of the JPMorgan Claverhouse investment trust, says he is 'sailing closer to the shore' ahead of EU referendum.

Terry Smith: my emerging trust should beat my fund

by Daniel Grote on Apr 19, 2016 at 16:46

Citywire AAA-rated manager says he will be dismayed if emerging markets trust doesn't outperform table-topping Fundsmith Equity.

Murray International gets to core of investors' dilemma

by James Carthew on Apr 19, 2016 at 15:10

Underperforming global investment trust illustrates the choice facing investors: run for cover or settle for anaemic growth?

'Frustrated' Carl Stick evicted from UK Equity Income sector

by Joshua Thurston on Apr 19, 2016 at 14:54

The £1.2 billion Rathbone Income fund becomes the latest to be kicked out of the UK Equity Income sector due to controversial yield rules.

UK equity income funds could see yield rules relaxed

by Daniel Grote on Apr 18, 2016 at 11:53

Investment Association consults on rules that have seen funds run by Mark Barnett and Neil Woodford kicked out of UK Equity Income sector.

Investment Trust Watch: Foreign & Colonial fights on

by Daniel Grote on Apr 15, 2016 at 11:45

The UK's oldest investment trust is also one of the most committed to share buy-backs, but is struggling to fight a widening discount.

Ruffer: ‘bipolar’ markets close to ‘tipping point’

by Dylan Lobo on Apr 15, 2016 at 09:19

The Ruffer investment trust had a decent March but the health of financial markets is giving its managers plenty to fret about.

Terry Smith: I'd take a recession over a 'lost decade'

by Daniel Grote on Apr 13, 2016 at 17:53

A rise in interest rates could plunge global economy into recession but star manager tells rivals that's better than a 'lost decade'.

Liontrust gets its paws on European manager Olly Russ

by Dylan Lobo on Apr 11, 2016 at 09:52

Citywire A-rated European income fund manager Olly Russ joins Liontrust as Argonaut Capital, the boutique he co-founded, restructures.

Investment Trust Watch: jumpy Japan looks 'cheap'

by Daniel Grote on Apr 08, 2016 at 12:12

Japanese investment trusts have seen their discounts widen, but brace yourself for a turbulent stock market and currency.

Miton dives as Godber and Hamilton join Polar Capital

by Dylan Lobo on Apr 07, 2016 at 12:45

Investors shaken by exit of George Godber and Georgina Hamilton, managers of Miton UK Value Opportunities, to join Polar Capital.

JOHCM 'soft closes' AA-rated managers’ funds

by Dalvinder Kular on Apr 06, 2016 at 11:14

J O Hambro Capital Management will levy a 5% initial charge on its popular Global Select and Europe Select funds to deter new investors.

FTSE revives and Chemring finds a silver bullet

by Gavin Lumsden on Apr 04, 2016 at 14:42

Battered defence contractor Chemring leaps on Middle East contract as FTSE 100 claws back losses from previous two sessions.

Woodford stops loading research costs on investors

by Dylan Lobo on Apr 04, 2016 at 10:28

Neil Woodford has stopped charging investors for the research costs his firm incurs running the £8.5 billion Woodford Equity Income fund.

Lindsell Train cuts star managers' premium fee

by Gavin Lumsden on Apr 01, 2016 at 10:51

Top-performing global investment trust Lindsell Train lowers the annual fee its managers Nick Train and Michael Lindsell will be paid.

Did 'Brexit' fears blind investors to February's rally?

by Gavin Lumsden on Mar 30, 2016 at 16:16

Money continued to pour out of funds last month, new figures show. We look at where investors were selling and buying.

Artemis names co-manager on Niznik's UK small cap fund

by Sean Butters on Mar 30, 2016 at 10:22

William Tamworth promoted after working under Artemis UK Smaller Companies' manager Mark Niznik for nearly a year.

Mobius steps back as Templeton Emerging revives

by Chris Sloley, Gavin Lumsden on Mar 30, 2016 at 09:37

Mark Mobius relinquishes control of Templeton Emerging Markets Group amid signs of recovery in its flagship investment trust.

Still not convinced trusts trump funds? Watch this video

by Gavin Lumsden on Mar 29, 2016 at 17:13

It's well known that investment trusts tend to beat open-ended funds over the long term. The JPMorgan Smaller Companies trust is a great example.

Why AAA-rated Colin Morton could not resist Ashmore

by Sean Butters on Mar 28, 2016 at 08:00

Manager of Franklin UK Equity Income fund says Ashmore, an emerging market investment group, was too cheap to ignore in January.

Under-fire Lakehouse calls on Mark Slater to reveal plans

by Daniel Grote on Mar 24, 2016 at 17:01

Social housing contractor says rebel shareholders led by star fund manager Mark Slater have failed to detail their plans for the company.

Woodford and Barnett's big legal high

by Gavin Lumsden on Mar 24, 2016 at 14:10

Burford Capital, the litigation finance provider backed by fund managers Neil Woodford and Mark Barnett, has smashed forecasts with its full-year results.

ISA 2016: can UK equity income still shine?

by Daniel Grote on Mar 24, 2016 at 00:01

Dividend cuts and the forthcoming EU referendum make life more difficult for investors in UK equity income investment trusts.

David Kempton: five funds for a bear market

by David Kempton on Mar 23, 2016 at 15:26

Our columnist has his annual brainstorm with the Hawksmoor investment team and returns with a handful of fund tips.

JPM's Negyal stays cool as emerging markets rally

by Daniel Grote on Mar 23, 2016 at 15:11

Emerging markets have enjoyed a recovery in 2016 after five years in the doldrums. But Omar Negyal isn't getting carried away.

These markets aren’t scary, say star fund managers

by Gavin Lumsden, Jonathan Yarker on Mar 23, 2016 at 12:29

Leading fund managers Nick Train and Nigel Thomas urge ISA investors not to be discouraged by the apparent volatility in stock markets.

Six investment trusts for a value-style revival

by Robert St George on Mar 23, 2016 at 00:01

'Value' investing could bounce back after years in the wilderness. We explain why and highlight six investment trusts that could benefit.

How to profit from investment trust discounts

by Gavin Lumsden on Mar 22, 2016 at 00:01

With many investment trusts on low valuations, analysts recommend bargain hunters focus on quality trusts trading cheaply.

Jupiter Global hopes for revival under Steve Davies

by Gavin Lumsden on Mar 21, 2016 at 16:20

It's all change at Jupiter Global Trust which wants to place its future in the hands of the Citywire AA-rated UK manager.

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