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Fund and manager news

All the latest news on funds, ITs and ETFs

P2P trust set for FTSE 250 after £400m raising

by Daniel Grote on Jul 27, 2015 at 12:13

Neil Woodford-backed P2P Global Investments takes total funds to £870 million after second major raising this year.

BlackRock UK Special Sits manager Plackett to retire

by Daniel Grote on Jul 22, 2015 at 12:37

Citywire AA-rated Richard Plackett brings 25-year fund management career to close after returning from six-month sabbatical just last year.

Witan: the welcome revival of a 'dinosaur' global fund

by James Carthew on Jul 22, 2015 at 09:00

After a period when big global funds were dismissed as dinosaurs, James Carthew is glad to see Witan's resurgence.

Time to ditch the ‘dividend aristocrats’, says Artemis star

by Chris Sloley on Jul 22, 2015 at 08:30

Citywire AAA-rated Jacob de Tusch-Lec has taken the axe to ‘bond proxies’ and added in areas less obvious to income investors.

China can overcome triple-headed growth challenge

by Chris Sloley on Jul 22, 2015 at 08:00

Franklin Templeton global bond fund manager believes China has the right strategy and enough firepower to pull through its economic transition.

Asia property investors face two-year wait for cash

by Danielle Levy on Jul 21, 2015 at 08:00

Aviva Investors is to close its Asia Pacific Property fund after its two biggest investors said they would withdraw their money.

Lloyds and HSBC power record UK dividends

by Daniel Grote on Jul 20, 2015 at 12:25

Dividends in the second quarter of the year hit record levels thanks to bigger payouts from banks.

5 shares the pros are buying and selling

by David Campbell on Jul 20, 2015 at 05:01

A roundup of trades by professional investors. This time we look at Morrisons, Drax, Home Retail Group, Mattioli Woods and Lavendon.

Aviva imposes exit charge on giant Property Trust

by Danielle Levy, Daniel Grote on Jul 15, 2015 at 14:56

Fund group levies 4.7% charge from investors withdrawing from the £2 billion Aviva Property Trust after a change in its manager.

The scorching stocks powering Henderson's HOT trust

by James Carthew on Jul 15, 2015 at 08:00

James Carthew looks at some of the stocks driving the top-performing Henderson Opportunities trust.

Alex Wright: why Barclays is even better than Lloyds

by Gavin Lumsden on Jul 15, 2015 at 08:00

Lloyds could yield 6% next year but Barclays has got great retail assets, says Citywire AAA-rated manager of Fidelity Special Values.

Woodford attacks government 'back-pedalling' on Drax

by Daniel Grote on Jul 14, 2015 at 16:03

Neil Woodford writes to government criticising Budget climate levy change that sent shares in his Drax holding crashing.

5 'misunderstood' stocks AAA-rated Lang is backing

by James Phillipps on Jul 14, 2015 at 08:00

Ardevora UK Income manager Jeremy Lang picks out five of his holdings that he believes other investors have 'misunderstood'. 

Moore sells BP, Shell and HSBC on dividend fears

by Selin Bucak on Jul 13, 2015 at 12:26

Thomas Moore fears BP, Shell and HSBC could cut their dividends, and warns earnings at many big blue-chip companies aren't high enough to sustain rising payouts.

Mark Mobius steps down from Templeton Emerging Markets trust

by Daniel Grote on Jul 13, 2015 at 10:28

Mark Mobius is to step down as lead manager of the Templeton Emerging Markets investment trust after more than a quarter of a century in charge.

Woodford holding Drax tumbles on Budget blow

by Daniel Grote on Jul 08, 2015 at 15:42

Biomass electricity producer tanks on government plans to remove tax relief for businesses using renewable energy.

Diary of a Dumb Investor: the trust defying market falls

by Dumb Investor on Jul 07, 2015 at 15:45

Almost every holding in my portfolio has followed the market down in recent weeks, but one investment trust is proving resilient.

Do your income funds look too similar?

by Selin Bucak on Jul 07, 2015 at 12:44

A lot of the big UK Equity Income funds hold many of the same stocks, but there are some offering something different.

Witan Pacific: is the only pan-Pacific trust worth a look?

by James Carthew on Jul 07, 2015 at 11:05

James Carthew examines Witan Pacific, the only investment trust to focus on the entire Pacific region.

Bond 'vigilante' leaves M&G after 12 years

by Chris Sloley on Jul 03, 2015 at 14:25

Government bond manager Mike Riddell ends a 12-year stint with M&G Investments, prompting a reshuffle of its fixed interest team. 

Japan star blasts firms over ‘wastefully large’ cash holdings

by Chris Sloley on Jul 02, 2015 at 16:51

Citywire A-rated Hideo Shiozumi believes Abenomics is finally forcing Japan's companies to become more shareholder-friendly.

How Bell has kept Witan aloft against the tracker challenge

by Dewi John on Jul 02, 2015 at 12:56

Andrew Bell has revived Witan investment trust by quitting index tracking funds and using active fund managers instead.

House deposit dream turns under-30s on to ISAs

by Michelle McGagh on Jul 02, 2015 at 12:07

More younger people are investing in the stock market in a bid to build a house deposit and get their feet on the housing ladder.

The fund manager betting China's currency will fall

by Jonathan Yarker, Gavin Lumsden on Jul 01, 2015 at 16:59

James Clunie of Jupiter Asset Management thinks China may devalue the renminbi, a massive move that would rock stock markets.

Frontier funds: the new face of emerging markets?

by Jennifer Hill on Jun 30, 2015 at 00:01

Frontier markets have streaked ahead of emerging markets in recent years. What's driving the superior returns and can they last?

Richard Buxton: outlook for UK shares remains fantastic

by Dylan Lobo on Jun 29, 2015 at 12:15

Old Mutual's Richard Buxton believes a Conservative government will favour UK investors while the threat of a UK exit from the European Union will not happen.

New dawn for solar and wind investment trusts

by Robert St George on Jun 29, 2015 at 08:00

Changing government subsidies don't hurt renewable energy investment companies, although the high-income funds face other issues. 

Investment trusts: watching the directors

by Robert St George on Jun 26, 2015 at 08:00

More than eight in 10 investment trust directors own shares in the funds they serve. But does their share dealing tell us anything?

AAA-rated Reid backs insurers to ride out rising rates

by David Campbell on Jun 25, 2015 at 12:54

Majedie UK Income manager Chris Reid warns some dividend-paying stocks will be in for a 'kicking' as rates rise, but says insurers won't be among them. 

JPMorgan star picks Europe's earnings winners

by Daniel Grote, Luca Rossi, Katharine Xu on Jun 25, 2015 at 11:46

Citywire AA-rated John Baker runs through some of the stocks he believes will benefit from earnings growth in Europe.

Investment Trust Insider: issue 19 out now!

by Gavin Lumsden on Jun 25, 2015 at 11:27

Does director dealing help investors in investment trusts? Are 'frontier' funds the new face of emerging markets? And what do experts think of high yielding, renewable energy funds?

Woodford-backed challenger bank gets green light

by James Phillipps on Jun 24, 2015 at 14:38

Atom Bank, the challenger bank backed by Neil Woodford, handed licence by Bank of England.

Broker slaps a 'sell' warning on Woodford Patient

by James Phillipps on Jun 23, 2015 at 15:49

Brokers at Stifel say strong performance of shares in Neil Woodford-managed trust has rendered them expensive.

Does your income fund hold too much Glaxo?

by Gavin Lumsden on Jun 23, 2015 at 15:43

Too many UK equity income funds have faith in GlaxoSmithKline's ability to maintain its dividend, says a healthcare investor.

Star manager Ed Legget quits Standard Life to join Artemis

by Daniel Grote, Jonathan Yarker on Jun 23, 2015 at 15:13

Manager of Standard Life Investments' UK Equity Unconstrained fund is leaving to join Artemis, where he will take over from the retiring Tim Steer.

AA-rated Ben Stapley’s 6 top consumer stocks

by James Phillipps on Jun 23, 2015 at 05:00

Manager of the JPMorgan UK Strategic Growth fund picks six stocks to benefit from high levels of consumer confidence.

Expert View Special: our best ever AIM stocks

by Citywire on Jun 22, 2015 at 00:01

Leading smaller company fund managers pick their 10 favourite stocks from the Alternative Investment Market (AIM) on its 20th anniversary.  

Wind funds unruffled as subsidy scrapped a year early

by Gavin Lumsden on Jun 18, 2015 at 16:16

The government's decision to end the main wind farm subsidy next April sparks protests from developers but leaves renewable energy funds in the clear. 

Montanaro: why I don't invest in 'lobster pot' AIM

by Charles Montanaro on Jun 18, 2015 at 08:00

Fund manager Charles Montanaro explains why the 20-year-old Alternative Investment Market (AIM) is no stockpickers' paradise.

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