Why Neptune’s Geffen has lost faith in domestic stocks
Neptune Investment Management’s Robin Geffen has pointed to the UK’s “fundamentally weak” economy in his latest update as the key reason for avoiding domestic cyclical and banking stocks.
Neptune Investment Management’s Robin Geffen has pointed to the UK’s “fundamentally weak” economy in his latest update as the key reason for avoiding domestic cyclical and banking stocks.
Octopus Investments is planning the largest venture capital trust fundraise in history later this summer when it will seek to raise £200m into its Titan VCT.
Europe has been among the most unexpected success stories for investors in the first half of 2017, but which funds have made the most of the opportunity on the continent?
Morningstar has downgraded two of First State’s Global Resources funds from silver to neutral after the departure of two key personnel.
Smith and Williamson has reduced exposure to the “expensive” UK market in anticipation of an upcoming downturn in equities.
Nucleus is set to slash costs for high-value clients on its platform to meet demands for a “more competitive structure” for large portfolios.
Neuberger Berman has expanded its alternatives offering with the launch of an Uncorrelated Strategies Fund.
Specialist emerging and frontier markets manager East Capital is to launch a fund investing in socially responsible emerging market companies.
Fidelity International has launched the FIRST ESG All Country World Fund, which seeks out companies with a positive environmental, social and governance impact.
M&G has proposed transferring four UK-domiciled open-ended funds to its Luxembourg platform over fear and uncertainty surrounding the UK’s exit from the European Union.
Life insurer Old Mutual International has launched a new offshore bond in the UK aimed at savers caught out by cuts to the pension allowances.
A hub providing ‘impact investing’ research for advisers has launched a review to name and shame ethical funds with less than squeaky clean portfolios.