Woodford living up to contrarian record
Neil Woodford has lived up to his record as a contrarian, according to analysts reacting to the major changes to his equity fund revealed last week.
News
-
-
FCA approves first non-bank UK depositary
Indos Financial has become the first non-bank entity to become a fully-fledged independent UK depositary post-AIFMD.
-
FTSE 100 hits record high as supply glut fears recede
The British blue-chip index climbed to 7,458.5 out of the gate on Monday morning, as the price of oil surged.
-
Bishop joins Heartwood to lead tactical asset allocation
Heartwood Investment Management has appointed Graham Bishop as investment director to lead its tactical asset allocation.
-
EdenTree’s Hepworth ‘going against the herd’ on value
The “Trump bump” may have slumped in 2017, but EdenTree Investment Management’s CIO Robin Hepworth argues the value trade is for the long-haul.
-
Whitechurch dumps Russia on geopolitical tensions
Whitechurch Securities Wealth Managers has abandoned its position in two Russian funds amid growing geopolitical tensions and increasingly expensive valuations in the country.
-
Bullish Woodford sells out of GSK, buys Lloyds
Neil Woodford has revealed a major shift back into domestic cyclical stocks in his flagship equity fund on the back of a more bullish view on the UK economy.
-
Toogood: Fund managers need a post-RDR reality check
Asset managers should take a page from the book of IFAs, and focus more on outcomes for their clients than one-upping competitors, according to The Adviser Centre’s Peter Toogood.
-
SJP’s Tootill leaves for Standard Life owned 1825
Former St James’s Place partnership manager Mark Tootill has been hired to lead the north east office of Standard Life-owned financial planner, 1825.
-
SJP unveils ‘smarter cash’ management platform
St James’s Place has partnered with London FinTech group Flagstone to offer clients a new online cash management platform.
-
Five signs the US economy is still mid-cycle
With data hinting a soft Q1 for the US economy, commentators have been split over how close it has edged to the end of the cycle. Neuberger Berman’s CIO for fixed income Brad Tank, lists the five signs the expansion is not over, yet.
-
Dear PM… Brewin chief demands May act on savings crisis
Intergeneration wealth disparity, tax simplification and removal of the £1m lifetime pension allowance are all addressed in a remarkable letter to the prime minister from Brewin Dolphin CEO David Nicol.
