Internal competitiveness and management execution will drive the performance of US stocks more than the ongoing US dollar rise, according to Ed Cowart, manager of the Nordea 1 – North American All Cap fund.
Continue reading “Fundamental drivers more important than FX, says US equity veteran”
They run just one fund but the childhood friends behind Evenlode are being compared to investment legends. Cherry Reynard profiles Ben Peters and Hugh Yarrow and charts the development of their Evenlode Income fund.
Continue reading “Fund manager profile: Ben Peters and Hugh Yarrow at Evenlode”
Government-led policy is helping us save more and give us the freedom to do what we want with our cash on retirement. But is that enough to eradicate pension poverty? Emma Wall sits down with Patrick O’Sullivan of pensions consultancy Redington to discuss the changes in the pensions industry.
Continue reading “Are we doing enough to prepare for retirement?”
Josh Spencer, manager of the T. Rowe Price Global Technology fund, believes there are still some dramatic opportunities available for investors in the tech sector. Focusing on two of the largest tech giants, he makes a bull case for Amazon and a bear case for Apple.
Continue reading “A tale of two tech titans: Apple v Amazon”
In this AlphaSight update, Citywire AA-rated Jeremy Lang discusses two big themes Ardevora is playing on the short side of their global strategies: energy and materials.
Continue reading “Jeremy Lang: why we remain bearish on energy and materials”
As asset prices across the world have been lifted by loose money, equity valuations are now higher than they should be. Hugh Yarrow, fund manager of the Evenlode Income Fund, believes the strong bull market has raised starting valuations too high and threatens future returns. This view has led him to take profits in a number of his large-cap holdings.
Under-pressure Italy has become a big overweight position for fund manager Stuart Mitchell, who believes the market is underestimating an earnings recovery. The SWMC European Fund is currently 13.4% invested in Italy, compared with a benchmark weighting of just 3.5. Mitchell discusses three key stocks with significant growth potential.
Continue reading “SWMC bets big on earnings recovery in Italy”
Stuart Mitchell has built up a position in aircraft manufacturer Airbus and supermarket chain Carrefour to capitalise on the potential offered by the two ‘under pressure’ companies. Speaking with Citywire Global, the manager discusses his positions in the SWMC European fund – and his view that the eurozone is rapidly approaching economic normalisation.
With longevity on the rise, pension funds are failing to match liabilities – and recent reforms have shifted the responsibility of saving for retirement from the state to the individual. Robert Gardner of pensions consultancy Redington contends we need a clear roadmap to future financial security.
Continue reading “Gardner: How to achieve financial security in retirement”
The price of Brent has bounced by nearly 30% since mid-January, leading some to view the recent turmoil in the oil markets as a short-term correction. However, Argonaut’s Greg Bennett believes the spot price of crude has been propped up by opportunistic filling of onshore storage facilities, which will be full within a matter of weeks. As such, we may see the price of oil stay lower for longer – but there are potential winners in the oversupplied market.