Fund makes millions from collapsed Severn Trent bid
Impax Asset Management has revealed that its Water Strategy fund successfully traded around the potential takeover of Severn Trent (LON:SVT) to make a seven-figure profit.
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Anthony Bolton | Inflation | Emerging markets | UK equities | Bonds | Hargreaves LansdownLatest from What Investment
What I’ve learned of China’s new leaders: Anthony Bolton speaks out before his retirement
Fidelity’s Anthony Bolton, who has announced he will retire from his China Special Situations fund next year, has shared his impressions of the country’s new leaders and what their policies will mean for investors in the country.
Inflation jump means every saver is losing money
News | Banking & savings | 18 Jun 2013
The Office for National Statistics has revealed that the Consumer Prices Index measure of inflation hit 2.7 per cent in May, higher than the 2.4 per cent recorded a month earlier.
Witan shakes up UK equity portfolio
The £1.4 billion Witan Investment Trust, which invests in other funds, has dumped NewSmith Asset Management and handed its £75 million UK equity portfolio to Heronbridge Investment Management.
Majority of analysts deem bonds overvalued in ‘potentially toxic’ market
A major survey has revealed that three-quarters of chartered financial analysts (CFAs) consider both government and corporate bonds too expensive.
Snap up cheap European stocks before the recovery, strategist recommends
Investors should take advantage of temporarily depressed markets to buy shares poised to benefit from an upturn in Europe’s economy, according to S&P Capital IQ Equity Research.
Anthony Bolton to leave Fidelity China Special Situations: how the new manager will change the fund
The feted Anthony Bolton, manager of the £700 million Fidelity China Special Situations fund, has confirmed that he will retire in April 2014.
Trust resists calls for action on discount
The chairman of the £250 million Hansa Trust has defended his fund’s reluctance to buy back its shares to control its discount.
‘I deserve the wooden spoon,’ admits fund manager
James Barstow, manager of the Aurora Investment Trust, has accepted that his fund has disappointed over the past year but expressed confidence that his portfolio of turnaround stocks will fulfil their potential in the months ahead.
Aberdeen fund admits series of wrong calls – but still soars over benchmark
Hugh Young’s Aberdeen All Asia investment trust has recognised that it missed out on several growth opportunities over the past year, but still managed to beat the broader market comfortably.
Mulberry shareholders could face 75 per cent loss
News | Shares & trading | 12 Jun 2013
A senior analyst has warned that recent turmoil at luxury group Mulberry (LON:MUL) could send its share price back to levels last seen in 2010, implying investors could suffer losses of around 75 per cent.
Sainsbury’s set to ‘go for the jugular’ and surpass Asda within a year
News | Shares & trading | 12 Jun 2013
The UK’s third largest supermarket, Sainsbury’s (LON:SBRY), has been tipped to claim second place in 2014 after revealing a rising market share and a 34th consecutive quarter of sales growth.
Gold: the 'high risk, low reward investment' for the lazy
The price of gold is today so high that it has disconnected with inflation and outrun the price of equities, meaning investors risk being 'fleeced' by the precious metal, according to the chief investment officer of Argonaut Capital Partners, Barry Norris.
Don’t dive into the stock market correction, analyst urges, as there’s more to come
The reversal of substantial gains in share prices does not represent an immediate buying opportunity, an analyst has cautioned.
Hargreaves Lansdown: ‘Nobody can buy their way on to the Wealth 150’
Fund supermarket Hargreaves Lansdown has defended the independence of its research following revelations of its more aggressive approach towards negotiating with fund groups.
EADS shares tipped by hedge fund to take flight from Paris Air Show
News | Shares & trading | 11 Jun 2013
A hedge fund has bet that aerospace conglomerate EADS (EPA:EAD) will soar after a major trade show next week.
Charles Stanley's profits hit by 'unfair' FSCS levy
News | Shares & trading | 11 Jun 2013
Investment firm Charles Stanley has revealed that pre-tax profits increased 7 per cent to £9.1 million in the 12 months to 31 March, but it saw post-tax profits dip as a result of a £1.9 million Financial Services Compensation Scheme (FSCS) levy.


