Big tech propels Scottish Mortgage outperformance
Strong rises in the share prices of Alibaba, Tencent and Baidu in the last six months have boosted the performance of the £6.3bn Scottish Mortgage Investment Trust, according to its latest results.
Author: Adam Lewis
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Fidelity Special Values enjoys bumper five years under Alex Wright
Five years since taking over as manager of the Fidelity Special Values investment trust, manager Alex Wright has managed to almost double the benchmark return in net asset value terms.
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Mirabaud launches EM debt fund after senior hire
Mirabaud Asset Management has launched a Luxembourg-domiciled Emerging Market Debt fund following the hire of Daniel Moreno from Rubrics Asset Management.
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Tech tops returns in October, while gold bottoms
Investors in technology funds enjoyed strong returns in October, while four of the worst performing funds in the month were gold invested.
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UK investors bullish on returns over next five years
Despite adopting a cautious approach to risk, UK investors expect to generate an average 8.7% return on investments over the next five years, according to the Schroders Global Investor Study.
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7IM renames Unconstrained fund and reduces AMC
Seven Investment Management (7IM) is to rename and change the fee structure of its £62m 7IM Unconstrained Fund.
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Improving UK GDP increases chances of rate rise
The pace of UK economic growth beat expectations in the third quarter of the year, further increasing the chance of an interest rate rise next week.
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PA ANALYSIS: What Abe’s victory means for Japanese equities
While never in doubt, the strength of victory of Prime Minister Shinzo Abe’s ruling party in Sunday’s snap lower house election exceeded expectations, with the Liberal Democratic Party (LDP) securing more than half the number of lower house seats.
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Mining propels UK dividends to £28.5bn in Q3
Dividends paid by UK companies rose 14.3% to hit £28.5bn in the third quarter of 2017, which is a record payout for the quarter and the third largest quarterly total ever, according to Capita Asset Services.
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Why investors should be mindful of a big Abe win in Japan
All eyes will be on Japan this weekend as the country heads to the polls, with the incumbent Shinzo Abe looking set to win a fourth term as prime minister. However, a large victory may not be in the country’s best interest, managers warn.
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PA ANALYSIS: The best hedge for geopolitical tail risk
According to a recent Bank of America Global Fund Manager Survey, the threat posed by a conflict between the US and North Korea is seen as the biggest tail risk to global markets.
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AIC announces incoming chairman
The Association of Investment Companies (AIC) has announced that Rachel Beagles has been voted chairman-elect of the trade body, stepping up to the role of chairman on 17 January.