Fund managers remain nervous about the tobacco industry, which has been under regulatory, technological and social change over the past decade, despite a turnaround in performance over the past year.
As consumers became more health-conscious and aware of the risks associated with smoking and the tax on tobacco products climbed with almost every Budget in recent years, the industry began to see a fall...
Schroder Income Maximiser dethroned
Funds reach their three-year anniversaries
Chris Hill's letter to Treasury
Across four divisions