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Manager of popular £1.6 billion UK equity income trust expects ‘big bounce’ in the stock marker whether UK leaves EU with a deal or not, and has topped up positions in builders in anticipation.
Shares in listed infrastructure funds like HICL may weaken if an election is called. I’ll be in the market if they do.
Fund managers had been rushing to offload their shares in Thomas Cook but much of the damage had been done.
Stock market volatility helps JP Morgan Asset Management draw investors to closed-end fund investing in infrastructure, transport and real estate.
Value investor Alex Wright gives up on a share price recovery in Lloyds and pulls back exposure to banks out of concern with the deteriorating economic outlook.
Nicholas Weindling, manager of JPMorgan Japanese, looks past 'old Japan' as represented by the Topix index in search of tomorrow's genuine growth companies.
Woodford Patient Capital Trust has confirmed that BenevolentAI was the holding whose revaluation blew a 5.5% hole in its net asset value last week as well as knocking value of suspended Woodford Equity Income fund.
Extreme polarisation of UK stock market from low interest rates, Brexit uncertainty and trade war fears reminds Merchants Trust fund manager Simon Gergel of dotcom bubble before it burst.
‘I don’t want to crow too much because it’s embarrassing for the funds but they are taking a significant haircut,’ says manager of high-yielding real estate investment trust.
Fund manager reserved its new private equity trust for institutional investors in March but after high-growth portfolio's strong start says shares could be offered to retail investors in future.