Gold bets hurt Pennink trust but manager upbeat
Gold miners have dragged down the performance of British Empire, but managers John Pennink and Joe Bauernfreund are upbeat on the investment trust’s outlook.
Investment
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Surprise drop in UK inflation
The UK’s rate of inflation has dropped from 2.7% to 2.2% – its lowest rate since September 2012.
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residential property
Residential property is gaining traction as an investment in its own right and at £5trn in size it dwarfs the commercial property market.
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Ruffer Why we lack faith in buoyant equities
Ruffer’s Steve Russell and Hamish Baillie have said they lack faith in today’s buoyant equity market because the best argument for buying stocks is there are few alternatives.
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Birrell takes over Jennings CIO role
Premier has named Neil Birrell its new chief investment officer, replacing Mike Jennings.
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ishares poaches new head of eme citigroup
Joe Linhares has been replaced by Rachel Lord as head of iShares EMEA as the firm looks to further grow its share of the European market.
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Tarantino stocks Colwell is buying
Why Threadneedle's Richard Colwell hunts for written-off stocks, much like film director Quentin Tarantino in his search for actors.
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danger Lehman five year comparisons
The introduction of KIIDs means that, given Lehman Brothers' collapse was just over five years ago (15 September 2008), fund groups will have to reflect this material change to investors – but will investors really understand why volatility has not actually reduced?
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Riverstone to spend 100m on unexplored plays
Riverstone’s new energy fund has ploughed $100m into capturing unexplored opportunities.
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UK managers backing estate agents
A recovering property market could see estate agent profits treble, according to John Ingram, head of the European Dynamic Team at JP Morgan, just one of a swathe of managers investing in the sector.
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five new stock opportunities China new economy
As China slowly moves its main source of economic growth from exports to domestic consumption there are twin universes appearing of state-dominated sectors such as energy, telecom, and banking alongside more nimble service and consumer sectors.
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EFTs too costly for AXA multi-asset range
Steve Allen, manager of AXA's Elite Diversified Market Range of risk-rated passive multi-asset funds, has said the suite does not invest in ETFs because they are not the most cost-effective way to gain exposure to key markets.