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.
Investment
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Kames Snowden defends CoCo purchase
Kames Capitals Stephen Snowden has made his case for holding on to Contingent Convertible Notes, or CoCo bonds, as those issued by Lloyds in 2009 were nicknamed but his jury is out on the comparable new product by Barclays.
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why analysts believe Tesco is a buy
Little more than a year ago funds guru Neil Woodford sold out of Tesco, telling investors that although he was loathed to sell a company so cheap, the risks made him feel uneasy. Consensus on the stock is turning, though.
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infrastructure investors government spend
The government this morning has unveiled £375bn of infrastructure spending over the next 20 years, with insurance companies investing £25bn.
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IT and redundancy costs weigh on Brewin profits
The national wealth manager says office closures are likely a thing of the past and has vowed to look to the future by focusing on three core areas, in spite of multi-million pound redundancy and computer software costs pulling its pre-tax profit down.
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Monks revamp pays off
Narrowing its holdings has paid off for £1bn Monks, with companies like Facebook that promise strong future returns helping drive performance.
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Legg Mason unveils high alpha macro fund
Legg Mason has launched a high alpha Macro Opportunities Fund, headed by Western Asset co-CIO Kenneth Leech and Prashant Chandran.
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Too complacent on the UK recovery
The OBR is widely expected to revise up its UK growth predictions in Thursday’s Autumn Statement, but are bullish investors too complacent about Britain’s recovery?
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Citi take on property
Investors in Indian property are in for a tougher time next year as rising interest rates take hold of the asset class, according to a recent research note from Citi.
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Forum sets out stall for equity investors
The Investor Forum has been launched by the Collective Engagement Working Group as a response to the Kay Review on equity markets and long-term decision making.
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Investors buy back into gold at 1980s prices
Last month was the worst November for gold prices in more than 30 years, but investors pounced on the precious metals weakness to add to their positions.
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Value veteran Mills adds to Walker Crips stake
Christopher Mills, co-founder of JO Hambro Capital Management, has added to his holding of Walker Crips.