Ailsa Craig is an investment manager at International Biotechnology Trust (IBT). Ailsa joined SV Health Investors, a specialist healthcare fund manager, in 2006, as IBT investment analyst before being promoted to investment manager in 2008. Prior to this, she worked at Baring Asset Management as a research analyst, covering pharmaceutical and biotechnology stocks, and for Insight Investment/Rothschild Asset Management in the Global/US investment team.
Penny Lovell is the CEO of the private client part of Sanlam UK’s wealth division. Prior to her current role, Penny was managing director at Rothschild and Fleming Family and Partners, and head of private client, marketing and distribution at Close Brothers Asset Management.
The most-bought funds table has been redrawn following the shock the coronavirus pandemic has inflicted on the global economy, with four new entries and some mid-table shifting.
If you are a fledgling investor, or were just about to dip your toe in the water, this is undeniably a scary time. As well as the terrible human cost of the coronavirus pandemic, you’ll be reading about various economists’ predictions for the worst global slump since the Great Depression and digesting a swathe of news about turbulent stock markets, furloughed staff, and rising unemployment.
At the end of this month, the winners of the annual Money Observer Investment Trust Awards will be announced.
The 2020 winners of the 15 different awards will be published on our website on Thursday 30 April at 10am. Sign up to our newsletter to get the results sent straight to your inbox.
Annabel Brodie-Smith is communications director of the Association of Investment Companies. She has worked for the body that represents the investment company industry for 23 years. For 10 years, Annabel was a trustee of the charity Personal Finance Education Group.
A year ago, I opened my first stocks and shares Isa and bought a low-cost investment fund. I felt like I had arrived late to the investment party – I’m in the tail-end of my thirties – and was just eager to get going. However, now that I know a bit more about investing, I’m considering adding an investment trust to my fledgling portfolio.
Chancellor Rishi Sunak, who has been in the role for less than a month, unveiled his “coronavirus Budget” during a week in which shares suffered their biggest falls since the 2008 global financial crisis and the Bank of England made an emergency interest rate cut, cutting the base rate from 0.75% to a historic low of 0.25%.
February has been a volatile month for markets as fears about the spread of the coronavirus mount, yet, it has not had a substantial impact on the most-bought funds list.