Funds & Fund Managers
|Average Manager Total Return : 11.9% (31 October 2013 - 31 October 2014)|
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Neptune profits down 42% after 'extremely difficult year for equity investors’
Neptune’s pre-tax profits fell by 42% last year as the group continued to grapple with the twin headwinds of falling assets under management and market conditions unfavourable for its global investment approach.
The European tech fund smashing its US rivals
How a fund focused on European tech stocks is beating rivals focused on US ones.
Legg Mason shuts Permal absolute return fund
Legg Mason has closed an open-ended fund run by its hedge fund subsidiary Permal.
JPM hires Citywire rated multi-manager from Barclays Wealth
Milica Fomicov has left her position as a portfolio manager in the multi-manager team at Barclays Wealth & Investment to join JP Morgan Private Bank.
Simon Brazier and Blake Hutchins quit Threadneedle for Investec
Threadneedle Investments UK equity head Simon Brazier and co-manager Blake Hutchins have joined Investec.
Over to you Mr Lewis: is now the time to buy Tesco again?
In perhaps its most drastic move since its troubles started, the superpmarket giant has cut its dividend by 75% and parachuted in its new chief early. Some think this could be a good buy opportunity.