Less than a fifth of UK fund managers now hold RBS (LON:RBS) in their portfolios, according to data from Hargreaves Lansdown.
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Few asset classes produce as wide a range of opinions as emerging market equities. Most agree that at least some of the countries which fall into that category will grow significantly in the coming years, but views vary on how to access that growth.
Despite Royal Bank of Scotland (LON:RBS) revealing that profits for the second quarter of this year had almost doubled, sending the share price up 14 per cent, RBS remains an unattractive investment relative to its rivals, according to Robert James, banking analyst at Old Mutual Global Investors.
The announcement this morning that the UK economy has grown past its pre-crisis peak, with GDP for the second quarter confirmed as 0.8 per cent, gives Mark Carney and his colleagues at the Bank of England ‘the signs they have been looking for’ to raise interest rates, according to Azad Zagana, European economist at Schroders.
Stephanie Flanders, chief market strategist at JP Morgan Asset Management, believes that now is the time for investors to back commodity companies.
Bruce Stout, manager of the £1.4 billion Murray International (LON:MYI) investment trust, continues to hold a robustly bearish view of the global economy, warning investors that in the current market ‘capital preservation is key'.
It is not reasonable to expect investors to make the leap of faith required in order to make an investment in a new technology company, according to James Gautrey, telecoms and technology analyst at Schroders.
Mike Prentis, high performing manager of the BlackRock Smaller Companies (LON:BRSC) investment trust, which has returned 411 per cent in the past ten years compared to 237 per cent for the AIC UK Smaller Companies sector, has outlined for What Investment the smaller company stocks he feel offer the best value for UK private investors right now.
Gervais Williams, the veteran small-cap fund manager, has outlined for What Investment his reasons for continuing to own insurance software business Quindell (LON:QPP), despite market sentiment dramatically shifting against the company.
Mike Felton, manager of the £720 million M&G UK Growth fund, believes that investors should prefer BP (LON:BP) to Shell (LON:RDSB) at the present time.
Bryn Jones, head of fixed income at Rathbone Unit Trust Management, has told What Investment that the new retail bond issued by litigation financier Burford Capital is only suitable for investors with a higher than average risk profile.
The announcement this morning that Tesco (LON:TSCO) is to change its chief executive should not immediately change investors' view of the stock, which remains a ‘sell’ according to Keith Bowman, equity analyst at Hargreaves Lansdown.
Harry Nimmo’s Standard Life Investments UK Smaller Companies fund, long a beacon for smaller companies investors, has been named on Bestinvest’s 'Spot the Dog' list of underperforming funds.
Richard Buxton, manager of the £1.4 billion Old Mutual UK Alpha fund, has told What Investment that he intends to continue to add to his fund’s holdings in banking giant Barclays (LON:BARC), despite the negativity that surrounds the company at present.
High profile fund manager Neil Woodford, who raised £1.6 billion in just 13 days from investors in his new CF Woodford Equity Income fund, has bought shares in just two of the companies that have come to the market via initial public offerings (IPOs) this year.