Wealth Manager - the site for professional investment managers

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Paul Niven: Why Foreign & Colonial is upping private equity

Alongside announcing its 45th consecutive annual shareholder dividend increase in its full-year 2015 results earlier this week, Foreign & Colonial Investment Trust also declared its intention to ramp up its focus on the private equity market after returns ‘substantially exceeded’ those from listed equity markets.

Manager Paul Niven explains to Citywire's Sean Butters why the board has opted for this change of tack and how it will be implemented, while also discussing how to maintain a progressive dividend policy in an oppressive income environment.

Over five years to the end of January, Foreign & Colonial returned 55.27% versus the FTSE World Index's 49.67% in the same time-frame. As of market-close on 10 March it was trading at a 9.1% discount to net asset value totalling £2.6 billion.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Related Fund Managers

Paul Niven
Paul Niven
19/77 in Mixed Assets - Flexible GBP (Performance over 3 years) Average Total Return: 26.79%
Citywire TV
Play Citywire Scotland: how wealth managers use new tech

Citywire Scotland: how wealth managers use new tech

We caught up with a few wealth managers at our annual event in Gleneagles to find out what technological innovations they are employing across their businesses.

1 Comment Play CEO Tapes: Buxton to Gilbert - ‘my Glencore quandary’

CEO Tapes: Buxton to Gilbert - ‘my Glencore quandary’

Do not miss the first two minutes of this film as Richard Buxton shares how he has been challenged by a client for owning shares in a certain company.

Play CEO Tapes: the huge opportunities for asset managers

CEO Tapes: the huge opportunities for asset managers

From tech disruption, retirement and poaching, the CEO discuss the opportunities for their businesses in this episode.

Read More
Wealth Manager on Twitter