Alliance Trust pounces on Vodafone
Alliance Trust has added Vodafone to its portfolio, with equity manager Ilario di Bon buying into changes afoot in the European telecoms sector.
Investment Trusts
-
-
Henderson cuts fee on Bennett European trust
The board of John Bennett’s Henderson European Focus Trust has struck an agreement to reduce the fund’s fees.
-
Tulloch and Lau Asia can capitalise on weaknesses
Asian leaders should use the current slowdown to push through some much-needed structural reforms, First State’s Angus Tulloch and Martin Lau have said, arguing that turning weakness to their advantage will boost growth over the longer term.
-
Schroder Income and Growth rejigs exposure
Schroder Income Growth trust manager Sue Noffke has been reducing her exposure to large cap defensives in favour of undervalued mid cap names.
-
Edinburgh investment trust reshuffle woodford exit
The board of Edinburgh Investment Trust may be “sympathetic” to management proposals from Invesco Perpetual if they centre around its new UK equity head, though analysts have said the fund’s mandate could be tweaked if Mark Barnett takes the helm.
-
John Bennett europe recovery
The recovery in the European economy is pretty tepid, but the fundamentals have stopped getting worse, which is all it takes for investors to profit, says John Bennett, fund manager of Henderson European Focus Trust.
-
threadneedle pulls ABS laucnh
Threadneedle has shelved the launch of its asset backed securities trust.
-
US investment trusts 36bn team
BlackRock’s $36bn duo is readying for the inevitable rise in US interest rates.
-
F and C US investment trust
F&C’s US Smaller Companies Trust could find its premium come under pressure following the resignation of Robert Siddles, who has decided to join Jupiter.
-
woodford exit investment trust edinburgh investec
Investec Wealth & Investment has upped its position in Neil Woodford’s Edinburgh Investment Trust, taking advantage of its drop to a discount after the star announced his exit from Invesco Perpetual.
-
investment trusts neil woodford exit invesco
Edinburgh Investment Trust is already coming under pressure, and its board is being tipped to launch a beauty parade following the announcement Neil Woodford would depart.
-
BlackRock Emerging markets Europe energy stiocks
BlackRock’s Sam Vecht is looking to out of favour energy giant Gazprom to power his £111.1m Emerging Europe trust.