hostile aberdeen bid for alliance trust
Aberdeen is unlikely to make a hostile bid to run Alliance Trust and if it did would almost certainly fail, according to investment company researcher at Numis Securities, Charles Cade.
News
-
-
tax change benefit it ability produce income
A change in the rules for investment trusts allows onshore products to distribute capital to shareholders. Stephen Peters explains the benefits for those concerned though he warns about putting the income cart before the investment horse.
-
structured product launches based on ftse 100
Morgan Stanley has launched, and Investec Strucured Products is about to launch, a structured product based on the performance of the FTSE 100 index.
-
soutter latest casualty in aviva investors
Aviva Investors has confirmed its global head of products Jeremy Soutter has departed as part of an on-going restructure that has seen at least four investment casualties so far.
-
outsourcing an admission of strength not weakness
Outsourcing to discretionary managers is not an easy decision to make but it is invariably the right one – for the end investor at least.
-
fidelity defends sanjeev shah
Fidelity has come out in defence of Sanjeev Shah after it removed his Special Situations Fund from the UK equity sector on its Select List of funds.
-
mandg makes two fund manager changes
M&G has promoted Phil Cliff to manage its £22m Pan European Dividend Fund, while Randeep Somel has been lifted up from deputy manager to co-fund manager of the Managed Growth Fund.
-
johcm Leyland steps up as lead of new global fund
Ben Leyland is to take on his first role as lead fund manager of the proposed Global Opportunities Fund scheduled for launch in Q2.
-
covered calls as an income generator
John Teahan takes a covered call approach to generating much-needed income for investors, arguing the current low-growth environment is prime for such a strategy.
-
fidelity backs other firms special sits
Fidelity’s Special Situations Fund has been removed from the firm’s Select List, even as Fidelity continues to recommend Artemis, BlackRock, Investec and Jupiter’s offerings in this space.
-
mandg biggest fund group
M&G has ended Invescos more-than-four-year reign as the biggest manager of UK-domiciled funds, according to the latest statistics from the Investment Management Association.
-
us volatility the source for latest jpm etf
JP Morgan and Source have joined forces to launch an ETF based on US equity volatility.
