Rathbones recovery fund pivots towards growth
The fund formerly known as Rathbones Recovery will be switching gears from value to growth and ditching a handful of stocks come its official rebrand in October.
The fund formerly known as Rathbones Recovery will be switching gears from value to growth and ditching a handful of stocks come its official rebrand in October.
Merger discussions between Rathbones and Smith and Williamson have collapsed following a decision by the latter to attempt to list on the stock market.
Tilney Group has reportedly submitted a last-minute bid for rival Smith & Williamson to derail its imminent merger with Rathbones.
Rathbones has rebranded its Recovery fund as co-manager Jo Rands steps down.
Rathbones has confirmed it is currently in exclusive discussions with Smith & Williamson regarding a possible merger of the two groups.
Though it might be tempting to view today’s India as yesterday’s China, Rathbones’ head of asset allocation Ed Smith thinks the region’s growth prospects could be even greater based on five key indicators.
Investors say the Serious Fraud Office’s (SFO) formal investigation into suspected corruption at British American Tobacco (BAT) is a grim reminder of the “lengths dying industries are willing to go” to stay profitable.
To comply with new Mifid II regulations, Rathbones Unit Trust Management has decided to bear the costs of its fund research but admitted unit trust margins “will not be unaffected.”
“Positive and constructive” was how the UK’s Brexit secretary David Davis described his mood as he kicked off negotiations with the EU on Monday morning.
David Coombs, head of head of multi-asset investments at Rathbones believes passive funds may be inadequate to overcome the challenges arising in the new political climate.
Wealth manager Rathbone Brothers has reported a 4.7% rise in funds under management to £35.8bn in the first quarter, driven by market gains.
Confusing innovative technology with disruptive products when investing is a “sure-fire” way to destroy wealth, investment manager Rathbones has warned.