May 20, 2013

Former star BlackRock fund manager arrested on insider probe

BlackRock

A former star fund manager from BlackRock has been arrested on suspicion of insider trading. According to reports, Mark Lyttleton was arrested by the City of London Police last month based on an investigation by the Financial Conduct Authority. News Source: Skynews

ISA fund investing falls by one billion pounds last year

50poundnotes

Investing in funds as part of an ISA fell by over £1 billion during tax year 2012/2013 in comparison to the previous tax year. For the tax year just gone, ISA net sales were at £1.1 billion compared to £2.2 billion during 2011/2012. The slump came despite £347m invested in ISA funds during the first [...]

FCA paper confirms fund supermarket commission ban; clear charges await

adviser

A Financial Conduct Authority (FCA) paper published on Friday confirmed that fund supermarkets and online platforms will be banned from receiving rebates (commission) from fund managers. The FCA believes that fund platforms receiving rebates from fund managers for investors who invest in their respective funds is misleading because it is logical for investors to assume [...]

Warning over fund names not straying true to their name

World

Absolute funds, global funds, cautious managed funds, smaller companies funds and more may not contain what their title suggests. A new article has exposed that many of the mentioned funds do not contain the types of companies they say they do within their name. For example some smaller companies funds contain FTSE 100 companies, some [...]

Neil Woodford calls for institutional shareholders to speak up

InvescoPe

Fund manager Neil Woodford has called for fellow institutional shareholders to take a leaf out of his book and get more engaged with the strategic direction of companies they invest in: “If fund managers were disproportionately empowered or felt it was their responsibility to intervene in the day-to-day running of the business, that would create [...]

Where to invest your ISA and SIPP allowance?

pounds1

With the end of the tax year approaching, where to invest your SIPP and ISA allowance may be a key thought. Tom Stevenson, Investment Director, Fidelity Worldwide Investment, walks through the key considerations for savers: 1.  Cash or stocks and shares? “The answer this year is a relatively easy one because the rates on cash [...]

Active or passive funds? Why not try both…

Pounds

Active or passive investing? This is a question often asked by investors when it comes to picking what funds to include in their portfolio. However, one fund manager has indicated that it needn’t be a case of either/or, and rather passive and active investing can complement one another: James Bateman, Head of Multi Manager & [...]

Investing for income – basics explained in video

Pounds

With returns on savings accounts and government bonds at all-time lows, investing for income is becoming very appealing. In this brief video, JP Morgan provide a basic explanation of what investing for income is, and how it is possible through a variety of fund types: For more advanced information on investing for income, our tutorial [...]

ISA investors warned to avoid newspaper analyst tips

shares

ISA investors have been warned to avoid  newspaper and analyst tips when it comes to picking funds and shares to invest in. With the ‘ISA season’ in full-flow, Jason Hollands has called for investors to take a more strategic approach: “The main mistake people make is they take each year as a free-standing investment decision.” [...]

Fidelity Guidance Service Gives Investors New Options

Fidelity Guidance Service

The Fidelity Guidance Service has launched, giving investor new options when it comes to shaping investment decisions. The Fidelity Guidance Service is a direct response to the ‘Guidance Gap’ which has left millions of investors without a financial adviser following the Retail Distribution Review (RDR). The ‘Guidance Gap’ also includes those investors who do not [...]