A wave of medical innovation has sent biotech shares rocketing nearly 200% in just three years – but the party appears to be over. With continuing falls reflecting something deeper than profit-taking, Stenham’s Bruce Harington tells CityAM many biotech companies do not have earnings and have been largely reliant on sentiment: a fortune was raised for profitless companies in the hope the next generation of medicine were arriving. Continue reading “Biotech boom: After nine days of unrelenting selling, has the death knell been sounded for high growth pharma stocks?”

Pensions savers could soon see a single rate of tax relief if industry proposals come into force, with pensions providers calling for the shift at the government consultation on how pensions should be taxed. CityAM speaks to Redington’s Patrick O’Sullivan about the winners and losers in the proposed system changes. Continue reading “Pension lobby calls for flat rate tax changes”

Neuberger Berman’s Jon Jonsson speaks to CNBC’s Squawk Box on global credit markets. Continue reading “Credit markets have struggled: Jon Jonsson”

Fluctuation has always been a feature of the stockmarket, and as a result, investment themes come and go. However, Evenlode’s Hugh Yarrow tells Fundweb, good quality shares operating in mature, rational industries tend to be successful at incrementally adapting to changing conditions in the economy, the political environment and in their own sectors. Continue reading “Evenlode’s Yarrow: The quality companies to navigate market volatility”

Alexis Mathieu, manager of the S. W. Mitchell Capital Emerging European Fund, speaks to Citywire Global on the opportunities opening up in Russia as consolidation and liberalisation give rise to a ‘golden age’ in the shopping sector.

Continue reading “Supermarket sweep: three reasons for Russia’s retail revolution”

It is fortunate pension funds can soothe themselves with the mantra of long-term investment horizons, as this summer put significant pressure on emerging market funds. Pete Drewienkiewicz, head of manager research at consultancy Redington, tells Pensions Expert that while the best route to EM debt is via a total return or absolute return-focused manager, even they have been tested over recent months. Continue reading “Can EMD performance overcome short-term volatility?”

With a dividend black hole looming as some of Britain‘s biggest income payers battle headwinds that could force them to cut payouts, The Telegraph speaks to Evenlode Income’s Hugh Yarrow about which UK stocks can sustain dividends.

Continue reading “15 biggest income paying shares – how safe are their dividends?”

In this week’s Head-to-Head Portfolio Adviser examines two China equity vehicles: Neuberger Berman China Equity and Allianz Greater China Dynamic, and finds the former has not once dropped below either its peers or benchmark. Continue reading “Head-to-head: Neuberger Berman China Equity vs Allianz Greater China Dynamic”

A quiet revolution is happening in hedge funds, Neuberger Berman’s Fred Ingham tells Portfolio Adviser. Investors continue to allocate to the asset class, but the way they are allocating is changing – while its investor base is growing broader and becoming more inclusive. Continue reading “Hedge funds experiencing quiet revolution”

Our brains have developed considerably since early primates diverged from other mammals. However, one part of our grey matter has not changed: our ‘lizard brain’, which operates according to short-term impulse. Redington’s Mitesh Sheth tells Your Money the lizard brain is a problem for managers and the general financial world at large – but process is a key to tripping the lizard switch. Continue reading “Are you investing like a caveman?”