Oil price drop puts FTSE on the back foot as energy suffers
A sharp fall in the crude prices leaves FTSE 100 struggling for direction as energy and commodity stocks take a hit, while Dr Martens is one bright spot, jumping 25% after bumper results.
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A sharp fall in the crude prices leaves FTSE 100 struggling for direction as energy and commodity stocks take a hit, while Dr Martens is one bright spot, jumping 25% after bumper results.
JPM Russian Securities, the UK’s only listed Russia fund and worst-performing investment company this year, is sitting on 93% cash after offloading its holdings in Kazakhstan.
Going into the Ukraine war with 23% invested in Russia was painful for Barings Emerging EMEA Opportunities, but investors in former eastern European fund can be glad over three quarters of its assets are now in the Middle East and South Africa.
The managers of JPMorgan Japanese have rejigged their portfolio to capture Japan’s ‘technological transformation’ after ‘disappointing’ performance in the six months to the end of March.
FTSE 100 ekes out a small gain as EU leaders agree to step-back from Russian oil, Unilever soars 7% as activist investor Nelson Peltz joins the board, and China trusts rally as Shanghai ends two-month lockdown.
FTSE 100 ekes out a small gain as EU leaders agree to step-back from Russian oil, Unilever soars 7% as activist investor Nelson Peltz joins the board and China trusts rally as Shanghai prepares to end a two-month lockdown.
Analysts praise defensive fund for another successful year of capital preservation as its fund managers, led by Peter Spiller, publish an extraordinarily downbeat assessment of equity and bond markets.
As the cost of living crisis bites, the global equity income fund managers at Securities Trust of Scotland double down on the consumer sector, with recent purchase Domino’s Pizza bolstering big brands including British American Tobacco and Pepsi.
UK stocks make strong gains this morning on hopes that US inflation has hit a peak and China reopening the cities of Beijing and Shanghai, while mid-cap Countryside Partnerships soars on a takeover bid.
Annual results from Caledonia Investments underline the good long-term, real returns the defensive, global multi-asset fund has achieved. Yet something needs to be done about the wide share price discount.
Former Personal Assets director and renowned investment trust analyst Robin Angus has died aged 69.
Rising inflation has pushed the infrastructure fund to double digital annual returns, while managers stay clear on their strategy to avoid 'mega' assets and focus on mid-market buys in the 'modern economy'.
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