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.
Narrowing its holdings has paid off for £1bn Monks, with companies like Facebook that promise strong future returns helping drive performance.
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.
From an investment point of view, emerging markets have had a fairly tough time in the past couple of years, with funds in the IMA’s Global Emerging Markets category returning on average 7% in the past year compared to 9.3% from the MSCI World Index.
Baillie Gifford has appointed a new sales manager for the South West and Channel Islands.
Baillie Gifford has decided to cut the investment management fees on four of the investment trusts it managers after securing agreement from the funds’ boards.
Baillie Gifford is to increase its number of partners to 39, with three promotions to be made on 1 May.
Funds industry veteran Ken Edwards has joined Enterprise Investment Scheme (EIS) specialist Calculus Capital as a non-executive director
The extraordinary pace of technological change and growth in China should be viewed as the most significant factors impacting on the investment landscape in the next 10 to 20 years, according to James Anderson, manager of the Scottish Mortgage Investment Trust at Baillie Gifford.
According to its latest six monthly figures, Monks Investment Trust sees falls in its share price and returns.
Baillie Gifford is to discount the initial charge (not the annual management charge as previously stated)on its Global Income Fund for six months from 1 November.
Research by Mercer shows that the ‘new generation’ of balanced funds are coming of age.
Debt managers from Baillie Gifford, Pimco, and Henderson have left jobs for other industry roles.