When you invest in an actively managed fund you are paying for the stock-picking ability of the fund’s manager. It makes sense, therefore, to pay close attention to the track record of the manager of the fund you are investing in.
Veteran emerging market investor Gary Greenberg is due to step back from the day-to-day management of his two Federated Hermes global emerging market funds in anticipation of his later retirement.
Investors in May once again piled into technology focused investment trusts, as tech stocks take the clear lead in the coronavirus recovery.
One in 10 working adults with a pension have cut back on saving for retirement due to the coronavirus pandemic, according to new research from Scottish Widows.
The research found that potentially more than three million people have reduced or stopped completely their pension payments as a result of the economic impact of Covid-19.
Investment funds often have a mandate to invest in a specific country or collection of countries. Mole Valley Asset Management, however, has taken that one step further, giving investors a pre-set portfolio of Yorkshire-based companies to invest in.
For the first time in its history, the Bank of England is reviewing the prospect of setting its bank base rate below zero.
Speaking before the Treasury Select Committee, Andrew Bailey, the new governor of the Bank, said that negative rates were under review.
The coronavirus pandemic has resulted in economies around the world going into shutdown, and with economic activity falling, companies have seen their revenues diminish. This has repercussions for their ability to pay dividends.
It should not surprise investors that many companies are cutting or suspending their dividend this year.
Countries around the world are facing severe recessions, and as a result many companies feel the need to hold back all or some of the capital they had previously planned to hand over to shareholders. This is what we should expect in a recession.
Most European-focused equity fund managers failed to beat the market in the first quarter of the year, according to the latest biannual SPIVA Europe Scorecard report from S&P Dow Jones Indices.
Many income-focused fund managers would probably rather forget the past three months, with scores of once reliable dividend-payers cutting or suspending millions of pounds in payouts.