Weekly outlook: Barratt, Burberry and Asos report; UK inflation; FCA publishes annual accounts
The key events for UK wealth manager for the week starting 12 July
The key events for UK wealth manager for the week starting 12 July
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Period of hyper-consumption would be driven by ‘extraordinary trend of wealth creation by new industries’ rather than Covid re-opening trade
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Finsbury Growth & Income manager highlights deals from Diageo and Relx in August factsheet
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Finsbury Growth and Income investment trust manager has been adding to Heineken
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The key events for UK wealth managers for the week starting 18 May
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‘We have been rewarded during previous unsettling episodes by treating them as buying opportunities’
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Irn Bru maker suffers 25% hit to shares on profit warning
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Star manager also hits out at UK dividend culture
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Star equities manager is hopeful of more M&A wins in 2019
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UK brand has an ownership structure impossible for the Lindsell Train manager to buy into
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Daily Mail & General Trust (DMGT) and Burberry weighed heavy on Nick Train’s Finsbury Growth and Income Trust last November, lowering its net asset value (NAV) by 1%.
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At their lowest point during trading Tuesday morning, Burberry shares were down 8.9% at 1376p even though its interim revenues benefited from the post-Brexit drop in the pound.
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