TSB to be sold on the cheap
Lloyds Banking Group has set the price range of its proposed listing of TSB at 220-290p, a level which implies it will be sold at less than its book value
Equities
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Two ways to play the shift to value
Chris Kitchenham discusses three ideas he is rather excited about at the moment.
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Dipping a toe back into banks
Samantha Gleave, fund manager in the LionTrust cashflow solution team, says Banco Santander is first retail bank to be added to their funds in a number of years.
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Natixis launches two new SICAVs
Natixis Global Asset Management has launched two new Luxembourg-based SICAVs.
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Beware the investment bandwagon
The bandwagon, while powerful, often result in an over-simplification of complexity and the erasure of nuances, in effect commoditising ideas argues Jan Dehn.
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Currency swings are the hidden danger for managers
The geopolitical and economic volatility being seen around the world means, now more than ever, investors strategies and tactical asset allocations are vulnerable
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SLI mulling shift from US equities to EM
Standard Life Investments next shift in its tactical asset allocation is likely to be a cut in its US equities weighting in favour of an increase in its emerging markets allocation
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Tullett Prebon confirms departure of CEO
Tullett Prebon and Fundsmith have confirmed press speculation Smith will step down as CEO of the interdealer broker once a successor is found.
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Five fund groups you may never have heard of
To take advantage of natural disasters or buy bonds that think they are equities, have a look at these fund groups that do something a little bit different - but you will not come across unless you move away from the tried and tested houses that dominate most UK clients' portfolios today...
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Equity income holds firm in the face of Woodford
Low rates, fund launches and the inexorable drive for yield have focused investor attention on income funds, but do they stand up to the scrutiny?
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Long term investors should be thinking
According to BlackRocks Desmond Cheung, while farming is one of the oldest industries in human history, it is rejuvenating and presents a number of opportunities.
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GLG brings in Powe to bolster European equity team
GLG has hired Rory Powe as a portfolio manager within its European equity team.