Citywire for Financial Professionals
Share this page:
Stay connected:

 

Fund and manager news

All the latest news on funds, ITs and ETFs

Woodford buys ITV on 'compelling' valuation

by David Campbell, Dylan Lobo on Oct 20, 2017 at 07:39

Under pressure star fund manager Neil Woodford buys shares in ITV and sticks with recent poor performers Capita, AstraZeneca and Card Factory.

Income: dividend cover dives into dangerous waters

by Rob Griffin on Sep 12, 2017 at 09:59

Company profits are down but dividends to shareholders are up. The result? A further worrying decline in dividend cover for income investors.

Peter Hargreaves to pump £25m into new funds boutique

by Dylan Lobo on Sep 05, 2017 at 10:58

Co-founder of broker Hargreaves Lansdown is backing a new investment firm set up by former Artemis fund manager Stephen Yiu.

UK active vs passive: we crunch the numbers

by Robert St George on Sep 05, 2017 at 10:38

Shares in big companies like Provident Financial have plummeted. As index trackers have to own these, is now the time for active funds?

UK companies abandon quarterly reporting

by Danielle Levy on Sep 05, 2017 at 07:00

Is the City curing itself of short-termism? Fund managers welcome a sudden decline in FTSE 100 companies reporting results every three months.

UK’s corporate bond market takes off after Brexit

by Danielle Levy on Sep 01, 2017 at 11:25

Sterling corporate bond market has shrugged off fears after last year's Brexit vote with record five months of issuance, says Sajiv Vaid of Fidelity.

Hargreaves: the winners & losers on ‘Wealth 150’

by Gavin Lumsden on Aug 24, 2017 at 07:50

Hargreaves Lansdown analyses record of its influential 'best buy' fund list and reveals where its recommendations have done best and worst.

The stocks punishing Neil Woodford in a torrid year

by Daniel Grote on Aug 23, 2017 at 16:59

Provident Financial's collapse leaves fund manager Neil Woodford bottom of his sector over one year and outside top flight over three.

Woodford 'hugely disappointed' as Provident crashes

by Daniel Grote on Aug 22, 2017 at 15:18

Neil Woodford says Provident Financial will 'get back on track' as shares crash on FCA investigation, scrapping of dividend and departure of boss.

Liontrust poaches Kames Capital bond stars

by Gavin Lumsden, Yoosof Farah, James Phillipps on Aug 11, 2017 at 09:26

Liontrust, the specialist investment group, is to launch its first mainstream bond funds after lifting David Roberts and Phil Milburn from rival Kames Capital.

Woodford pick Purplebricks slips after BBC probe

by Danielle Levy on Aug 03, 2017 at 14:00

BBC investigation into consumer complaints dents soaring share price of online estate agent Purplebricks, backed by fund manager Neil Woodford.

Forget Super Thursday, when will the Bank sell its bonds?

by Michelle McGagh on Aug 02, 2017 at 12:44

M&G bond supremo Richard Woolnough believes a reversal of the post-Brexit vote cut in interest rates tomorrow will not be as dramatic as unwinding the Bank's corporate bond-buying spree.

AA share price crash latest blow to Neil Woodford

by Gavin Lumsden on Aug 02, 2017 at 07:11

Fund manager hit by third stock upset after AA Group fires executive chairman Bob Mackenzie for gross misconduct and lowers full-year forecasts.

BMO sets out to discover emerging market ‘small caps’

by Terri-Ann Williams on Aug 01, 2017 at 10:38

Recovery in emerging markets prompts BMO Global Asset Management to launch fund focused on smaller companies in world's fastest growing economies.

Threadneedle: we were ready for Brexit panic

by Danielle Levy on Jul 27, 2017 at 07:57

A year after property funds suspended trading Don Jordison remains ‘bitterly disappointed’ but says recovery has ‘embarrassed’ some investors.

Now is a ‘golden era’ of economic stability

by Michelle McGagh on Jul 18, 2017 at 09:49

M&G fund manager Eric Lonergan argues that the current economic backdrop is 'near perfection'.

Aviva Investors: why interest rate hikes will continue

by Danielle Levy on Jul 17, 2017 at 07:00

Federal Reserve chief Janet Yellen is scared of not raising US interest rates while Bank of England has become subtly more hawkish.

Cape shares soar 46% on French bid

by Gavin Lumsden on Jul 07, 2017 at 11:28

Oil services specialist accepts £332 million cash bid from Altrad Investment Authority, the latest example of overseas bidder exploiting weak pound.

The ‘disruption ready’ sectors investors should avoid

by Chris Sloley on Jul 07, 2017 at 09:51

French fund manager Gérard Moulin names sectors he expects to be challenged by new entrants exploiting technological change.

Small cap star Giles Hargreave's firm sells to Canada's Canaccord

by Dylan Lobo on Jul 06, 2017 at 08:47

Hargreave Hale, home to legendary smaller company investor Giles Hargreave, has been bought by Canaccord Genuity for £80 million.

Top Europe fund sticks with Google after record fine

by Danielle Levy on Jul 06, 2017 at 07:54

Star fund manager Richard Pease keeps Crux European Special Situations fund in Google and Aurelius, a German turnaround specialist under attack from short sellers.

Income Wharrier leaves BlackRock for Troy

by Gavin Lumsden on Jul 05, 2017 at 12:58

Troy Asset Management beefs up equity income team by poaching BlackRock's Mark Wharrier to be assistant manager on its popular Trojan Income fund.

Criticism does hurt me, says Neil Woodford

by Citywire on Jul 04, 2017 at 14:23

Much of it is ill-informed, short term and frustrates me, says the boss of £17 billion Woodford Investment Management.

India's 12-year road to tax reform about to pay off

by Jonathan Schiessl on Jul 03, 2017 at 07:06

Ashburton India fund manager Jonathan Schiessl explains how the country's new Goods and Services Tax will boost its economy.

10 fund managers consistently beating the competition

by Frank Talbot on Jun 21, 2017 at 07:42

We explore the Citywire database to highlight the 10 fund managers that consistently leave their rivals in the shade.  

French small caps will be big winners from Macron

by Dalvinder Kular on Jun 20, 2017 at 08:46

Citywire AAA-rated fund manager Caroline Gauthier believes business-friendly agenda of president Macron will be good for France's smaller companies.

Mark Barnett: UK politics ‘in a mess’ but I’m OK

by Gavin Lumsden on Jun 15, 2017 at 15:38

Invesco Perpetual equity income fund manager loses his Citywire rating after a difficult year but remains positive on post-election markets.

Stealey: US rate rise will highlight bond risks

by Michelle McGagh on Jun 14, 2017 at 13:23

UK interest rates may be stuck at all-time lows but the US is raising rates, a trend bond investors need to beware, says JPMorgan’s Iain Stealey.

Fund managers warn of tech bubble 2.0

by Danielle Levy on Jun 14, 2017 at 07:25

Bank of America Merrill Lynch survey reveals fund managers had grown fearful of lofty technology stock valuations before recent sell-off.

The Accumulator: tough week for pound as polls tighten

by Gavin Lumsden on Jun 02, 2017 at 15:47

The prospect of a hung Parliament saw sterling retreat while FTSE 100 modestly extended its impressive 12-month gains.

Neptune China manager Turnbull exits

by Joshua Thurston on May 24, 2017 at 07:14

Neptune Investment Management gives Ewan Thompson reins of its China fund after departure of Douglas Turnbull.

Chelsea launches four funds for busy investors

by Gavin Lumsden on May 23, 2017 at 07:01

Fund supermarket Chelsea Financial Services offers ready-made portfolios for people who don’t want to choose their own investments.

Burford Capital raises £175m in sell-out bond

by Gavin Lumsden on May 22, 2017 at 08:08

Litigation finance firm backed by fund managers Neil Woodford and Mark Barnett closes 5% bond offer after just a week.

Accumulator: Temer tape throws Brazil into turmoil

by Gavin Lumsden on May 19, 2017 at 11:37

Our exclusive stock market data table shows the impact of Brazil's latest corruption scandal in a week the global mood darkened.

Burford Capital offers 5% bond to fight more legal cases

by Gavin Lumsden on May 12, 2017 at 09:44

Litigation finance provider liked by star fund managers Neil Woodford and Mark Barnett launches third bond at retail investors.

Rich List: Terry Smith surges in post-Brexit boom

by Dylan Lobo on May 08, 2017 at 10:00

Star fund manager Terry Smith has jumped up the Sunday Times' Rich List during a post-Brexit boom for UK's super wealthy.

Ruffer named as mystery '50 Cent' buyer of 'fear' options

by David Campbell on May 05, 2017 at 10:27

Traders believe they have identified Ruffer as the big buyer of Vix volatility options designed to protect its funds from a market crash.

Value left in US small and mid caps, says Janvier

by Michelle McGagh on May 04, 2017 at 08:43

US smaller companies are not as expensive as investors think and stand to benefit from president Trump cutting back on regulation, says Nicolas Janvier of Columbia Threadneedle.

Think like a bond investor and unearth 'quality' stocks

by Daniel Grote on May 04, 2017 at 07:39

BlackRock Global Income managers Stuart Reeve and Andrew Wheatley-Hubbard are searching for 'investment grade' shares.

Sorry, this link is not
quite ready yet