Why HSBC remains an attractive income investment, that's why I have invested over £40 million in it, says top fund manager
Job Curtis, manager of the £1.26 billion City of London investment trust, which has a dividend yield of 3.8 per cent, has outlined the reasons why he has invested over £40 million in HSBC (LON:HSBA) shares, despite the recent negativity surrounding the stock.
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There have always been cubbyholes into which private investors could scurry from risk and volatility – havens of predictability in an investment landscape fraught with fragility and the potential for loss.
Guy Anderson, manager of the JP Morgan Mercantile Investment trust has revealed the reasons behind his decision to invest close to £95 million in UK house building stocks right now.
With most asset prices elevated and some of the traditionally strong dividend-paying sectors mired in various uncertainties, it is no longer easy to construct a portfolio of reliable income stocks.
George Godber, manager of the £277 million Miton UK Value Opportunities fund, which has returned 54 per cent since launch in March 2013 compared to just 23 per cent for the average fund in the IA UK Equity Income sector in the same time period, has revealed for What Investment the reasons why he won’t invest in Tesco shares right now.
Tom Stevenson, investment director at Fidelity Personal has counselled private investors not to panic about the consequences to their portfolio of the crisis in Greece.
Despite the negativity that presently surrounds the UK banking sector, shares in RBS (LON:RBS) represent a terrific opportunity for investors in the coming years according to Henry Dixon, manager of the High Performing GLG Undervalued Assets fund.
Many GPs have long considered themselves to be the unsung heroes of the NHS. They’re usually the first medic any patient visits and often the only person they need to see for treatment. When conditions are more serious, it is also the GP who will refer the patient to a more specialised medical expert.
The Patient Capital Investment trust, the recently launched investment trust run by star fund manager Neil Woodford, has raced to a large premium within a month of launching, so investors should consider alternatives if they can, agree a prominent analysts.
'I could probably have made a profit on Quindell shares but there were good reasons not to buy them', says top fund manager
Richard Penney, the veteran manager of the Legal and General Alpha Trust, which has around two thirds of its almost £200 million invested in AIM shares, disclosed to What Investment this morning that whilst he considered investing in the much discussed Quindell, the track record of the then chief executive caused him to reconsider.
Thomas Moore, manager of the exceptionally high performing Standard Life Investments UK Equity Income Unconstrained fund, has revealed that he has started buying shares in mining company Rio Tinto, despite the negativity that swamps the sector right now.
Alex Wright, who made his name as manager of the Fidelity UK Smaller Companies fund which is the absolute best performing UK Smaller Companies fund over the past five years having returned 199 per cent in that time, and now manages the Fidelity Special Values invest trust amongst other mandates, has revealed for What Investment the two AIM stocks he believes represent value right now.
John Baker, co-manager of JP Morgan Europe Dynamic ex UK Fund, has outlined the stocks he is investing in to benefit from the improving economic environment in the Eurozone, whilst also not being exposed to the potential consequences of Greece exiting the Eurozone.
Due to the low interest rates given by the banks and the volatility in the stock markets, an increasing amount of savers are turning their eyes to the buy to let industry. For those of you considering this option, without knowing where to start, we’ve put together this little ‘how-to’ guide.
Star fund manager Neil Woodford, whose CF Woodford Equity Income fund has returned 19.8 per cent over the past year, compared to 9.1 per cent for the average fund in the IA UK Equity Income sector in the same time period, has disclosed the route to finding the cheapest stocks in the UK equity market right now.
Charles Luke, manager of the £613 million Murray Income trust, which is run by Aberdeen Asset management and has a yield of 4.3 per cent, has revealed the two income stocks he has been buying this month.
A combination of the decisive general election result and the uncertainty extant in many other markets means that sterling has the capacity to be a safe haven for investors in the medium term, according to Hamish Baillie, investment director of the Ruffer Investment trust.