Veteran fund manager Gervais Williams told What Investment this morning that while there are ‘genuine’ opportunities among companies developing new drugs, investors must be careful not to get ‘swept up’ in biotech bull markets.
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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.
Richard Titherington, chief investment officer for emerging markets at JP Morgan Asset Management, believes that based on historical precedents, emerging markets could deliver returns greater than 10 per cent within the next 12 months.
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.
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'.
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’.
Stephanie Flanders, chief market strategist for Europe, the Middle East and Africa at JP Morgan Asset Management, has outlined the key advice she believes emerging market investors should follow in 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.
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.
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).
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, 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’.
While UK economic growth is likely to be maintained in the coming years, 'it is unlikely to accelerate much from here’, according to John Greenwood, chief economist at Invesco Perpetual.
Mercantile Investment Trust warns of 'greater volatility' to come after house builders drive returns
Martin Hudson, manager of the £1.8 billion Mercantile Investment Trust (LON:MRC) which invests in UK mid and small caps, credited the performance of UK house builders for the company's 27.7 per cent total return in the year to 31 January.
Government proposals to allow people free access to their pensions are highly likely to be reversed or watered down in the near future, according to the head of a financial advisory firm.