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...
Uptick in investor sentiment
Converting £1.9bn European Special Sits fund
According to Cicero report
Newly created role