Funds

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

Mark Slater: I regret buying Quindell shares, even though I made a huge profit

Mark Slater: I regret buying Quindell shares, even though I made a huge profit

23 Oct 2014

Mark Slater, whose MFM Slater Growth Fund is the absolute top performing fund out of 275 funds in the IMA UK All Companies sector over one and five years, has told What Investment that while he has made startling profits on Quindell (LON:QPP) shares, ‘in some ways I regret ever having made the investment'.

Bruce Stout: Threat of recession in US and UK looms large

Bruce Stout: Threat of recession in US and UK looms large

22 Oct 2014

Bruce Stout, manager of the £1.2 billion Murray International (LON:MYI) investment trust, believes that weaker than expected global economic data, disappointing corporate earnings and likely interest rate rises means that ‘the risks of tipping fragile economic recovery into recession loom large on the horizon'.

New Puma VCT offers 'downside protection' for investors

New Puma VCT offers 'downside protection' for investors

22 Oct 2014

A new limited-life venture capital trust (VCT) from Puma aims to offer investors ‘downside protection’ by allocating capital to investments that are backed by physical assets.

Nick Train: Stock market correction is 'disagreeable' but investors should continue to buy 

Nick Train: Stock market correction is 'disagreeable' but investors should continue to buy 

20 Oct 2014

Nick Train, whose Finsbury Growth & Income Trust has returned 490 per cent compared with 252 per cent for the average fund in the AIC UK Equity Income sector since 1995, believes that investors ‘should keep buying the dips’ in the market, despite the recent falls. 

Neil Woodford: The current stock market correction is 'entirely rational', but the worst may be over

Neil Woodford: The current stock market correction is 'entirely rational', but the worst may be over

20 Oct 2014

High-profile fund manager Neil Woodford, who runs the absolute top-performing fund out of 89 funds in the IMA UK Equity Income sector since its launch in June, believes that the current correction in the value of the UK stock market was inevitable as investors realised that ‘the global economy faces an uncertain future’.

Analysts downgrade Henderson funds as manager quits

Analysts downgrade Henderson funds as manager quits

15 Oct 2014

The decision of veteran fund manager Richard Pease to resign from Henderson Global Investors has caused analysts to downgrade their outlook for the European equity funds he previously managed.

Top UK income fund buys Telecom Plus to profit from 'government initiatives' in the energy sector

Top UK income fund buys Telecom Plus to profit from 'government initiatives' in the energy sector

10 Oct 2014

Frazer McKersie, co-manager of the Unicorn UK Income fund, which is the absolute top-performing fund in the IMA UK Equity Income sector over two and five years, has confirmed that he has recently begun investing in utility provider Telecom Plus. 

Neil Woodford's heir, Mark Barnett: The two IPOs I have bought this year

Neil Woodford's heir, Mark Barnett: The two IPOs I have bought this year

8 Oct 2014

Mark Barnett, who succeeded Neil Woodford as manager of the giant Invesco Perpetual Income and High Income funds in March, has bought two IPOs this year, both of which are mid-cap companies. 

Rathbones: The best funds for investing in Japan

Rathbones: The best funds for investing in Japan

6 Oct 2014

David Coombs, head of multi-asset investments at Rathbone Unit Trust Management has outlined the funds he believes are best for investing in Japan at the present time.

Top-performing Hargreave Hale AIM VCTs issue new shares

Top-performing Hargreave Hale AIM VCTs issue new shares

6 Oct 2014

High profile fund manager Giles Hargreave is to raise more capital for investment in two of his venture capital trust (VCT) products.

Schroder UK Opportunities fund halves in size in eight months

Schroder UK Opportunities fund halves in size in eight months

3 Oct 2014

The Schroders UK Opportunities fund has halved in size since March, shrinking from £2.85 billion to £1.35 billion, with outflows accelerating since manager Julie Dean quit last month.

Woodford fails to hit income target with new fund

Woodford fails to hit income target with new fund

2 Oct 2014

Despite a very strong performance in total return terms since launch, the new fund launched in July by Neil Woodford won’t hit its own dividend target for this quarter, the fund revealed yesterday.

Nick Train: BP and other big oil stocks aren't good investments for the 21st century

Nick Train: BP and other big oil stocks aren't good investments for the 21st century

26 Sep 2014

Nick Train, manager of the Finsbury Growth and Income trust (LON:FGT) which has returned a gain of 515 per cent since 1995, has told What Investment that he does not regard major oil stocks as good long-term investments. 

Star property fund manager Richard Kirby: Why I'm not looking to put more cash into central London property right now

Star property fund manager Richard Kirby: Why I'm not looking to put more cash into central London property right now

25 Sep 2014

Richard Kirby, whose £1.1 billion F&C Commercial Property Trust has returned 61 per cent since launch in 2005, told What Investment this morning, ‘At the present time, I am not looking to allocate any more capital to prime central London property.’ 

Retirement home fund aims to maintain 6% dividend

Retirement home fund aims to maintain 6% dividend

24 Sep 2014

Target Healthcare (LON:THRL), a real estate investment trust that invests solely in care homes in Britain, intends to maintain its current yield of 6 per cent as it issues new shares on the London market and buys more properties, according to Kenneth MacKenzie, managing partner of the fund. 

Now is the time for private investors to exit bonds, says fund manager

Now is the time for private investors to exit bonds, says fund manager

22 Sep 2014

Investors who have poured £4.5 billion into bond funds in the IMA sector so far in 2014 are hoping to cash in on a '35-year bull market’ in bonds, but this may be a forlorn hope, according to Alan Borrows, manager of the CF Seneca Diversified Income fund.