View the article online at http://citywire.co.uk/wealth-manager/article/a735946
Tate and Rolls-Royce wipe out Buxton’s recent outperformance
by Robert St George on Feb 24, 2014 at 13:16
Second, he observed that concerns about Rolls-Royce’s accounting practices are a longstanding issue and periodically a source of investor anxiety. Buxton believes that this will only be a temporary weight on the shares, though.
‘It is the nature of the business that over the course of time they can more or less declare whatever level of profits they want.’
Finally, Buxton lamented the fact that Rolls-Royce’s dealings with shareholders had not been more accommodative. ‘It has not been helped by the way in which they are slightly high-handed in terms of their investor relations,’ he added.
News sponsored by:
As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.
Today's top headlines
With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop
More about this:
Look up the funds
Look up the shares
Look up the fund managers
On the road
by Robert St George on Jul 23, 2014 at 10:02