UK Equity Income Oeics wave goodbye to 300m
UK equity income funds in the open-ended space have waved goodbye to roughly £300m following the announcement Neil Woodford would leave Invesco Perpetual.
UK equity income funds in the open-ended space have waved goodbye to roughly £300m following the announcement Neil Woodford would leave Invesco Perpetual.
Narrowing its holdings has paid off for £1bn Monks, with companies like Facebook that promise strong future returns helping drive performance.
Christopher Mills, co-founder of JO Hambro Capital Management, has added to his holding of Walker Crips.
Miton's Gervais Williams has opted to protect his trust with a put, but others are favouring increased cash buffers and believe standing on the side lines will be rewarded as markets correct.
The board of Hendersons Diversified Income trust has decided to reduce the vehicles management fee from 0.75% to 0.65% of gross assets.
According to a stock exchange announcement, Richard Plackett, who runs the popular BlackRock UK Special Situations Fund, lifted his holding of the company to above the 5% reporting threshold.
Kames Capital is to launch a Property Authorised Investment Fund (PAIF) in 2014s first quarter.
The RDR will encourage a braver breed of fund buyer as they attempt to differentiate their offerings from the competition, according to the Group of Boutique Asset Managers.
Despite a flurry of green and ethical launches, IMA data shows the SRI and its associated sectors have struggled to gather assets. Funds are performing well, though, so is it time to back socially responsbile investments?
Closed-end fund British Assets is to shake up its investment approach in the hope of delivering higher returns.
Technology-related themes are particularly prevalent in the small cap space currently, with M&A and continued growth in online retailing particular buoys to the sector.
Andrew Gillan has decided to leave Aberdeen Asset Management, handing over his Edinburgh Dragon investment trust to Adrian Lim. He is understood to be joining Henderson.