Improved transparency in the investment funds industry has made it easier for cost-conscious investors to compare fees and charges before choosing where to put their money.
A significant stock market sell-off in October hit many investment funds and trusts hard. Over recent years we have become accustomed to seeing double-digit returns from many of our investment picks, but this year finds much of the cohort in the red. In times such as these, it is those holdings which can provide much-needed downside protection and beat their benchmark that shine.
Richard Penny has done his homework. He enters the meeting room on the first floor of Crux Asset Management’s Pall Mall offices clutching the latest issue of Money Observer and keen to talk about a recent feature on whether the size of a fund matters. He thinks smaller funds do better – which bodes well, as in September he launched a new special situations vehicle at the boutique fund firm, which he joined this summer after 15 years at investment giant Legal & General.
Working out which companies will survive digital disruption is more important than whether shares are ‘cheap’ or ‘dear’, according to star fund manager Nick Train.
More than one in four retirees could outlive their pension pot, worrying new research from the Pension Policy Institute reveals.
The independent research organisation says those approaching retirement with high levels of defined contribution (investment-based) savings but little or no defined benefit (salary-based) pension will face tough choices.
BlackRock Emerging Europe is to wind up, some 14 years after its launch.
The investment trust, which is managed by frontier markets specialist Sam Vecht, revealed that some 21.8 million shares, representing around 60 per cent of its issued share capital, would be liquidated following an unexpectedly large take-up of its tender offer for shares in May.
The Regular Income portfolio has enjoyed a bumper four months, so manager James Brumwell is sticking with his line-up.