With less than two weeks left of 2014, it's time to reflect on some of the surprise winners and losers of the last 12 months – and the lessons we can learn from them.
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Sebastian Lyon, manager of the Personal Assets Trust, which prides itself on helping investors ‘protect and increase (in that order)' their funds, has outlined the investments he has been making to minimise the impact of the current stock market volatility.
Star UK property fund manager: Now is the best time for five years to invest in commercial property outside London
Richard Kirby, whose £1.13 billion F&C Commercial Property Trust has returned 73 per cent since 2005, compared to 19 per cent for the average fund in the AIC UK Property sector over the same period, has been increasing his exposure to property outside London as he believes that conditions in the market are the best they have been for many years.
Nick Train, manager of the high-performing Finsbury Growth & Income Trust amongst other mandates, believes that, contrary to the views of many market participants, there is plenty of room for more gains from digital media company Reed Elsevier.
Star fund manager Neil Woodford, whose £3.7 billion CF Woodford UK Equity Income fund has an investment of around £190 million in telecoms giant BT, believes that the company’s proposed takeover of mobile phone business EE represents a ‘great opportunity’ for the business to grow revenues in the years to come.
The announcement this morning that UK Consumer Price Index (CPI) inflation for the year to November was 1 per cent, compared to 1.3 per cent in October, means that the Bank of England has little reason to put interest rates up any time soon, according to Ben Brettell, senior economist at Hargreaves Lansdown.
Chris White, head of UK equities at Premier Asset Management, has outlined the sectors he believes private investors should focus on in 2015, as well as those to avoid.
Exclusive: Richard Buxton writes for What Investment: UK equity investors should be rewarded in the second half of 2015
2014 will be remembered as a frustrating year for UK equity investors. The UK economy recorded the highest growth of all G7 nations, driven principally by growth in employment, yet the performance of the stock market has been more sleepy than sensational.
Neil Williams, group chief economist at Hermes Investment Management, believes that investors in Eurozone assets are now more likely than not to have to deal with deflation gripping the economic bloc in the coming year.
Thomas Moore, manager of the high-performing £700 million Standard Life Investments UK Equity Income Unconstrained fund, has revealed that he is ‘wary’ of investing more in FTSE 100 income stocks right now, but he feels that BT (LON:BT.A) represents a ‘rare’ opportunity for income investors.
Jason Hollands, managing director of fund supermarket Tilney Bestinvest, has disclosed to What Investment that the latest fundraising from Maven, which aims to attract investment of £18 million across its range of five venture capital trusts (VCTs), is likely to be attractive for investors with a desire to gain exposure to VCTs but who have a cautious investment horizon.
Standard Life Investments: The two questions for those considering investing in the Eurozone in 2015 to consider
Andrew Milligan, head of global strategy at Standard Life Investments, believes that the best-case scenario for economic growth in the Eurozone in the next two years is 1 per cent per annum, while investors should not take it for granted that quantitative easing (QE) will happen.
High-performing fund manager Nick Train, whose Finsbury Growth & Income Trust has returned 9 per cent in 2014, compared with 4 per cent for the average trust in the AIC UK Equity Income sector, intends to continue to shun Tesco shares, but is invested in luxury clothing retailer Burberry.
Hugh Yarrow, whose £211 million Evenlode Income fund is among the top 20 per cent of all funds in the IMA UK Equity Income sector over one, three and five years, and is the absolute top performing out of 88 funds over the past three months of highly volatile markets, has told What Investment about the two mid-cap stocks that he has recently bought for income.
Laith Khalaf, investment research analyst at Hargreaves Landown, has nominated the three funds that he believes should offer most appeal to UK income investors in 2015.