Rising rates bolster European small caps
‘Indescriminate sell-off provides opportunity to buy into some high-quality growth companies at cheaper valuations than six months ago’
Equities
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Morgan Stanley ranked top stock-pickers in Fundcalibre’s 2021 index
Fund groups delivered a lower level of outperformance after a difficult year for growth investors
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Gam adjusts profit targets after assets drop by £18bn
£3.5bn outflows driven by another challenging year for its fixed income funds
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Abrdn equities boss lands JO Hambro head of product role
As the company continues bolstering its ranks after hiring Aviva Investors’ Rudling and Newton IM’s Parry
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Link boss steps down ahead of FCA report on Woodford fund collapse
Trapped investors are still waiting to get £124m back
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Chinese stocks could hedge against Russia/Ukraine conflict
As Pictet overweights equities to take ‘advantage of attractive valuations’
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Lindsell Train and Jupiter dropped from Bestinvest buy list
Global equity and income trust funds were among 17 casualties
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Redemptions from Nick Train’s UK fund motivated Pearson sale
‘When you have outflows, you have to sell something!’
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UK unicorns stuck in a finance and pharma rut
That said, ‘good investors are not seeking mythical creatures, they want to support the growth of thoroughbreds’
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Gresham House refuses to go quietly after unsolicited approach for £350m trust merger
SEC board hits back at advances from Odyssean to take over Ken Wotton investment trust
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January offered brief taste of challenges conventional portfolios face
But Ruffer resisted the urge to add meaningfully to equities during the recent weakness
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Investors should rethink exposure to unfashionable UK equities
‘I’ll be pretty confident in seeing UK equity sales pick up in about nine months’