Following the introduction of a ‘Half Price ISA’ offer, Fidelity believes that it is offering the cheapest stocks and shares ISA on the market. The offer will mean that investors will save £87 should they invest their full ISA allowance into actively-managed funds such as the Invesco Perpetual High Income Fund or Fidelity Special Situations [...]
A large number of UK funds have been hit by the 35 percent fall in Apple’s share price since its peak during September of last year. FE data reveals that 135 funds and 10 investment trusts hold Apple as one of their top 10 holdings. Highlighting the extent to which UK funds hold Apple, the [...]
The new BestInvest ‘spot the dog’ report is available and highlights that there are a 153 funds that have underperformed within the market during the past three years. Despite the poor performance, these funds have still cost investors £1bn in charges. The worst pension fund offender was the Standard Life UK Opportunities fund with a [...]
New research conducted by Axa Wealth has revealed the need for the industry to conduct further work on educating investors on the benefits of financial advice. In a survey, the company revealed that more than a third of consumers (36%) questioned the purpose of paying for advice as they don’t believe that it will make [...]
A financial journalist has claimed to be ‘stunned’ following an understanding of the investment charges from high street banks such as RBS and HSBC. Writing for the FT, Merryn Somerset Webb says she was ‘stunned’ to find out that it would cost between £2400 and £6000 (depending on the bank or building society) to invest [...]
Investors looking for investment tips via analysts predictions for 2013 may be wise to hit the ‘delete’ key and focus their efforts on looking for sound companies. Data released by Thomson Reuters has revealed that the top 11 European equity funds have all utilised ‘bottom up’ strategies, with a focus on investment within individual companies [...]
Banks and financial advisers have not made RDR information fees clear to clients, according to the views of Malcom Kerr, an executive director at Ernst & Young. According to risk.net, Kerr notes: “The Association of British Insurers and the Financial Services Authority have published RDR information but it seems only a small percentage of advisers [...]
A number of fund managers from Fidelity have revealed their outlook on emerging markets for the forthcoming year. Within their outlooks, China and Brazil are amongst the regions covered: Nick Price, Fidelity Funds Emerging Markets Fund: “With the recent appointment of the new Chinese executive committee, and the significant influence that the direction of the [...]
Nationwide has revealed its investment advice charges that it will charge in the new ‘RDR era’. The building society is to present an initial 3 percent charge to clients in addition to a 0.5 percent ongoing fee, no matter how much a customer is investing. According to Moneymarketing, the same charge will also be present [...]
Fidelity China Special Situations fund manager Anthony Bolton has given hints on who his potential successor will be. According to a report, it is claimed that the successor is ‘most likely’ to be someone internally from Fidelity. He also provided hints that it will be someone local as transferring between regions is not something ‘we [...]
