Chetan Sehgal, lead manager of the Templeton Emerging Markets Investment Trust (Temit), said the portfolio’s core themes of investing in Information Technology (IT) and consumerism will remain during his stewardship, having just taken the reins from the outgoing Carlos Hardenberg.
Confidence in emerging markets (EM) has declined but investors’ faith in gold has increased, according to the CFA’s latest Valuation Index.
Standard Life Aberdeen has lost its biggest client, Lloyds Banking Group (LBG), after the FTSE 100 bank decided to pull more than £100bn assets over competition concerns.
Dividend hikes from Nintendo, Kao and Shiseido helped the Michael Lindsell-run Japanese Equity fund to “surprisingly” outperform the Japanese stock market, according to the fund’s latest monthly update.
Ten-year treasury yields have soared after US consumer price inflation (CPI) surpassed expectations by 0.5% in January.
Brent crude oil slipped to a one-month low as the International Energy Agency (IEA) warned that increasing US production could jeopardise the oil price recovery.
GKN has promised to return £2.5bn in cash to shareholders over the next three years to defend itself against a £7bn hostile takeover from Melrose Industries.
Old Mutual Wealth Private Client Advisers has acquired Wiltshire IFA A&M Financial Services.
In light of Valentine’s Day, fund managers have outlined the investments that are catching their eye. From diamonds to tech companies, here’s 11 attractive investments to make the heart flutter.
Global fund managers slashed exposure to equities in February and put more into cash, according to the latest BofA Merrill Lynch Fund Manager Survey.
Baillie Gifford has announced its intention to raise £250m by launching a patient capital trust that will target American companies with long-term growth prospects.
UK investors remained upbeat about global investment opportunities in February, but confidence in UK corporate and government bonds declined.
