The sustainability of UK equity income streams has been called into question, with underlying dividends across the market falling by almost 3% on a constant currency basis during Q3 – the worst quarterly performance for three years.
Familiarity matters at times of volatility, manager argues
The long-term attraction of the UK smaller companies market is beyond doubt.
Average rate hit nearly 1.5% in May
In the first half of 2019, the uncertainty surrounding Federal Reserve policy and US-China trade negotiations affected the outlook for all asset classes including global small-cap stocks.
The London IPO market has been subdued since the second half of 2018, as a result of increased market volatility.
How has the world changed since 2016?
Market showing "signs of life"
Since the downturn at the close of 2018, US equities have rebounded with smaller caps up over 16% and outpacing the returns of large caps.
Mixed fortunes for UK Smaller Companies and UK All Companies
With 55% of FTSE 100 dividends forecast to come from just ten companies in 2018, it is not surprising many UK equity income strategies are disproportionately invested in a relatively small number of large-cap stocks.
High conviction approach
Underweight the sector
Investor and corporate confidence remains intact
The UK's importance as a world-leading centre for asset management continues to grow.
Sunil Asnani, portfolio manager at Matthews Asia, gives his views on the most exciting investment opportunities in India and what lies ahead for the country in H2 2018.
Tax cuts to benefit US small caps
MiFID II, the legislation that governs transparency around the charges for investment research, went live on 1 January. We consider life after MiFID II, what this means for investors, brokers and corporates and highlight the unintended consequences.
€461m outflows in third week of January
Focus on politics and technology
Launched in April 2013
Great diversity on offer
The pleasures of unearthing a new investment idea are often enhanced when the level of analyst coverage or mainstream institutional ownership is lower than average, writes Andrew Jackson, manager of the Miton UK Value Opportunities fund.
Working with veteran Harry Nimmo