Funds

The latest fund launches, manager moves and research into investment companies

BB Biotech 'different' from other biotech funds

BB Biotech 'different' from other biotech funds

23 Apr 2014

Investors seeking to gain exposure to the biotech sector but worried by the recent heavy losses should consider BB Biotech (SWX:BION), according to Charles Tan, investment trust analyst at Cantor Fitzgerald.

M&G: Chinese banks are better value than the Eurozone

M&G: Chinese banks are better value than the Eurozone

23 Apr 2014

Steve Andrew, manager of the M&G Episode Income Fund, has told What Investment that while he hasn’t invested in the Eurozone for two years, he remains a fan of the much maligned Chinese banking sector. 

Tobacco and unlisted companies boost ex-Woodford fund

Tobacco and unlisted companies boost ex-Woodford fund

22 Apr 2014

Mark Barnett, who succeeded Neil Woodford as manager of the Invesco Perpetual Income fund at the beginning of April, has said that his fund lost less value than its peers in March thanks to the performance of tobacco stocks and the stock market flotation of two previously unlisted holdings.

Alastair Mundy: Why now is the right time to invest in Tesco

Alastair Mundy: Why now is the right time to invest in Tesco

17 Apr 2014

Alastair Mundy, manager of the £1.1 billion Investec Special Situations fund, has revealed the reasons for his decision in the past month to invest in supermarket chain Tesco (LON:TSCO). 

Richard Peirson: It's hard to find value right now, but I'm focused on emerging markets, house builders and cash

Richard Peirson: It's hard to find value right now, but I'm focused on emerging markets, house builders and cash

16 Apr 2014

Richard Peirson, manager of the £622 million AXA Framlington Managed Balanced fund, has told What Investment that while ‘it is harder to find value at present than in previous years’, he has increased his exposure to emerging markets, house builders and cash. 

Closure of Evy Hambro fund signals a 'turning point for the sector'

Closure of Evy Hambro fund signals a 'turning point for the sector'

16 Apr 2014

The decision this morning by BlackRock to close the BlackRock Mining Opportunities fund, managed by the veteran Evy Hambro, is actually a sign that now is the time to invest in mining funds, according to Brian Dennehy, managing director at fund broker Fundexpert.co.uk.

Wrong calls on China, Australia and India damage returns for Henderson Far East Income Trust

Wrong calls on China, Australia and India damage returns for Henderson Far East Income Trust

15 Apr 2014

Mike Kerley, manager of the Henderson Far East Income Fund (LON:HFEL), has acknowledged in his latest update to shareholders that the underperformance of the trust in March is the result of him making a number of incorrect asset allocation decisions.

Property investors should remain focused on London, says F&C fund manager Richard Kirby

Property investors should remain focused on London, says F&C fund manager Richard Kirby

14 Apr 2014

Richard Kirby, manager of the £1 billion F&C Commercial Property Trust (LON:FCPT), has urged commercial property investors to retain their primary focus on central London, despite signs that property market growth is beginning to spread to the UK regions.

Anthony Bolton's heir on Fidelity China Special Situations plans to invest in 'New China'

Anthony Bolton's heir on Fidelity China Special Situations plans to invest in 'New China'

11 Apr 2014

Dale Nicholls, who succeeded veteran fund manager Anthony Bolton as manager of the Fidelity China Special Situations investment trust (LON:FCSS) at the start of April, has revealed that he intends to concentrate the investments of the trust on companies that are part of what he calls ‘the new China'.

Top fund manager Nick Train stocks up on Pearson despite negative outlook

Top fund manager Nick Train stocks up on Pearson despite negative outlook

11 Apr 2014

Nick Train, the top-performing manager of the Lindsell Train investment trust, has revealed that he has added to his holdings in publishing company Pearson (LON:PSON) this year, despite the management of the company saying that they expect 2014 to be ‘difficult’.

BlackRock Special Situations fund manager: focus on industrial stocks to capture UK growth

BlackRock Special Situations fund manager: focus on industrial stocks to capture UK growth

10 Apr 2014

Roland Arnold, co-manager of the high-performing BlackRock Special Situations Fund, has told What Investment that UK investors should look to industrial stocks to capture the next stage of the economic recovery. 

Witan Investment Trust still offers 'long-term value' despite narrowing discount

Witan Investment Trust still offers 'long-term value' despite narrowing discount

9 Apr 2014

The £1.4 billion Witan Investment Trust (LON:WTAN) continues to offer value for long-term investors, despite the discount having narrowed significantly in the past six months, according to Monica Tepes, investment trust analyst at Cantor Fitzgerald.

We won't be recommending Neil Woodford's new fund: analysts

We won't be recommending Neil Woodford's new fund: analysts

9 Apr 2014

Investment analysts across Britain have this morning urged investors to wait until the exact details of Neil Woodford’s new fund are announced before rushing to invest.

More investment trusts scrap performance fees as they seek to compete with funds

More investment trusts scrap performance fees as they seek to compete with funds

9 Apr 2014

An increasing number of high-profile investment trusts are abolishing their performance fees in order to sharpen their competitive edge over open-ended funds, according to the Association of Investment Companies (AIC).

Somel sticks to his guns despite poor performance of the M&G Global Basics fund 

Somel sticks to his guns despite poor performance of the M&G Global Basics fund 

9 Apr 2014

Randeep Somel, who succeeded Graham French as manager of the £3 billion M&G Global Basics fund in November, has vowed to persist with the same long-standing strategy pursued by the fund, despite an extended period of underperformance. 

Richard Woolnough: I can't see a single short-term threat to global economic growth, and here is how to profit from it 

Richard Woolnough: I can't see a single short-term threat to global economic growth, and here is how to profit from it 

8 Apr 2014

Richard Woolnough, manager of the top-performing M&G Optimal Income bond fund, told What Investment that he ‘can’t see a single headwind that could significantly impact on the global economy at this time’.