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Fund and manager news

All the latest news on funds, ITs and ETFs

Circassia Pharma keeps Woodford purring

by Gavin Lumsden on Feb 27, 2015 at 12:55

Circassia Pharmaceuticals, the specialist drugs company backed by fund manager Neil Woodford, has high hopes for the cat allergy treatment it aims to launch next year.

Scottish Mortgage boasts 95% 'active share'

by Gavin Lumsden on Feb 27, 2015 at 11:12

Edinburgh-based Baillie Gifford joins the band of investment groups revealing how actively managed their funds really are.

How Dale Nicholls stamped his mark on Fidelity's China trust

by Daniel Grote on Feb 27, 2015 at 08:30

Some questioned Dale Nicholls' appointment as Anthony Bolton's successor on Fidelity China Special Situations, but he has delivered strong returns.

How to find property trusts with strong dividends

by Robert St George on Feb 27, 2015 at 08:00

We continue our income theme with a look at commercial property investment trusts buying UK 'bricks and mortar'.

Investors vote for fresh start for British Assets

by Gavin Lumsden on Feb 26, 2015 at 13:31

British Assets shareholders have backed plans to give the underperforming global fund a new pension mandate under BlackRock.

How I found 20 Top Trusts for Equity Income

by Gavin Lumsden on Feb 26, 2015 at 08:00

Investment trusts have a good reputation for skating over the thin ice of stock markets to deliver investment income: but which are the best?

Woodford Patient Capital Trust prospectus published

by Gavin Lumsden on Feb 25, 2015 at 10:33

Neil Woodford has formally launched the Woodford Patient Capital Trust with a prospectus containing all the details of his new fund.

FTSE High: is the party over or just beginning?

by Gavin Lumsden on Feb 25, 2015 at 07:56

Fund managers and brokers give their views on the signficance of the FTSE 100 surpassing its previous record peak set in 1999. 

Bob Morton censured by Takeover Panel over Armour Group

by David Campbell on Feb 24, 2015 at 10:13

Veteran investor and entrepreneur Bob Morton has been censured by the Takeover Panel for his share dealings in Armour Group.

Cormac Weldon: record-breaking Apple has further to run

by Dylan Lobo on Feb 23, 2015 at 13:24

Apple became the first company to be worth more than $700 billion earlier this month and US fund manager believes earnings will be even better than expected.

Woodford’s Patient Capital exhibits Imperial theme

by Gavin Lumsden on Feb 23, 2015 at 11:27

Board of new fund will have strong links to Imperial Innovations, which commercialises research from Britain’s top universities.

Harry Nimmo sells Hargreaves Lansdown

by Dylan Lobo on Feb 23, 2015 at 11:15

Standard Life UK Smaller Companies manager takes chunky profit on online stockbroker he first bought nearly six years ago.

Fund managers admit their biggest mistakes

by Jennifer Hill on Feb 20, 2015 at 11:11

Multi-managers, who try to pick the best funds and managers for investors, confess their biggest investment regrets.

US activist investment trust bags £100m at launch

by Daniel Grote on Feb 19, 2015 at 12:37

Shares in Gabelli Value Plus Trust jump 4% in first day of trading.

Invesco's Andrew Hall buys 'special situation' Tesco

by Dylan Lobo on Feb 19, 2015 at 11:57

Invesco Perpetual manager believes there is a 'credible case' for supermarket's continued recovery over coming years.

Woodford's new trust reveals performance fee

by Daniel Grote on Feb 18, 2015 at 17:22

The Woodford Patient Capital Trust, which won't charge an annual management fee, will levy 15% on returns above 10% a year.

How Adam Ryan plans to reshape British Assets

by Jennifer Hill on Feb 18, 2015 at 08:00

BlackRock’s Adam Ryan outlines the new directions he will take with British Assets if shareholders approve a multi-asset mandate.

Why Jupiter's AAA-rated Davies bought Manchester United

by Jonathan Yarker on Feb 17, 2015 at 14:38

Davies believes the football club’s on-pitch struggles have created a chance to snap up cheap shares.

Incredible investors: are they born, trained or made?

by Jennifer Hill on Feb 17, 2015 at 11:28

Does nature or nurture produce the best fund managers? We asked multi-managers, whose job it is to pick the best performing funds.

Waverton's top Europe manager to join Odey

by James Phillipps on Feb 16, 2015 at 08:58

Oliver Kelton, the Citywire AAA-rated manager of Waverton European is joining hedge fund manager Odey Asset Management.

M&G to replace manager in American fund overhaul

by Jonathan Yarker on Feb 16, 2015 at 08:35

Aled Smith is to step down from M&G American as the group plans to revive the fund with an equity income approach.

4 shares the pros are buying and selling

by David Campbell on Feb 16, 2015 at 05:01

A roundup of trades by professional investors. This time we look at Next Fifteen Communications, Harvey Nash, Ebiquity and Bloomsbury Publishing.

Top Trusts Share Watch: Z-Scores, discounts & premiums

by Gavin Lumsden on Feb 13, 2015 at 16:30

Our weekly look at investment trust shares shows Standard Life Equity Income getting 'cheaper' while Foreign & Colonial and Diverse Income become more 'dear'.

Diary of a Dumb Investor: panic over, I've got a steal!

by Dumb Investor on Feb 13, 2015 at 15:15

I've shaken off my trepidation to look for the next stellar growth buy.

Funds shore up as Odey warns of devastation

by James Phillipps on Feb 11, 2015 at 16:45

Crispin Odey has warned shares will be 'devastated'. We look at how other fund managers are protecting their portfolios.

Cash-strapped African Minerals dents BlackRock World Mining

by Daniel Grote on Feb 11, 2015 at 14:44

Miner's failure to make bond payment a small blow for BRWM but is another setback for what was once a key holding for M&G's Tom Dobell.

What Woodford's Patient Capital trust could look like

by Daniel Grote on Feb 10, 2015 at 15:45

The early-stage companies populating Woodford's Equity Income fund offer clues as to the shape of his new growth investment trust.

Neil Woodford fears US rate rise and UK profit falls

by Gavin Lumsden on Feb 09, 2015 at 12:05

The country’s best known fund manager fears the US will make a ‘serious policy error’ if it raises interest rates this year.

Dividend king: Royal London fund tops income buy list

by Dylan Lobo on Feb 09, 2015 at 11:42

Citywire AAA-rated Martin Cholwill comes top in ranking of UK equity income funds.

Can 'safety first' Alliance Trust make it?

by Jeff Salway on Feb 06, 2015 at 12:18

Recent performance of Alliance Trust has improved under Peter Michaelis but experts question if the 127-year old global fund can really revive its fortunes.

JP Morgan's Nair ready for short-term correction in India

by Jennifer Hill on Feb 06, 2015 at 11:51

Rajendra Nair of the JP Morgan Indian investment trust is excited about India's long-term prospects but is keeping 'his powder dry' as the market continues to rally.

Neil Woodford launches no-charge growth trust

by Gavin Lumsden on Feb 06, 2015 at 09:25

Neil Woodford launches Patient Capital trust which will invest in small, high-growth companies and won’t charge an annual management fee.

Benchmark hugging? Not for me, says Neil Woodford

by Daniel Grote on Feb 05, 2015 at 14:40

Star fund manager Neil Woodford has revealed the 'active share' of his £4.3 billion fund.

How Hargreaves Lansdown's 'Best of British' fund stacks up

by Daniel Grote on Feb 03, 2015 at 15:32

Only Neil Woodford has attracted more Hargreaves Lansdown client money than the online broker's launch of its Multi-Manager UK Growth fund.

Income Investor 10 is out now! Get your free copy

by Daniel Grote on Feb 03, 2015 at 11:58

For our first edition of 2015 we're looking at what the rest of the year has in store for dividends and bonds.

Towry swoops on rival to build £11bn advice group

by Daniel Grote, Dylan Lobo on Feb 02, 2015 at 16:18

Takeover tip Ashcourt Rowan agrees to sell to Towry and create a national advice group with £11 billion of investors' money.

Neptune closes third of funds under restructure

by Daniel Grote, Danielle Levy, Dylan Lobo on Feb 02, 2015 at 13:30

Investment group close to shutting around 40% of fund range as it restructures to improve performance.

6 shares the pros are buying

by David Campbell on Feb 02, 2015 at 05:01

A roundup of trades by professional investors. This time we look at Blinkx, Wilmington, IQE, Palace Capital, Energy Assets Group and Trifast.

The Accumulator: a rip-roaring start to the year!

by Daniel Grote on Jan 30, 2015 at 13:42

All major stock markets are up so far this year, with India's astonishing rally showing no signs of slowing.

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