UK asset managers are readying their contingency plans to cope with a possible ‘Grexit' as the beleaguered economy returns to the spotlight, despite ECB president Mario Draghi providing a boost for European markets last week.
Despite a rally in global markets over the last three years as investors returned following the '08 sell-off, a number of funds have failed to keep up with peers.
SVM's Donald Robertson has resigned from the group he co-founded back in 1990.
SVM's Colin McLean is poised to sell out of the largest and most profitable holding in his £43m UK Growth fund after a drawn out battle by bidders.
UK stocks will climb 10% over the next few months, said Colin McLean, managing director of SVM Asset Management, with industrials and financials set for the strongest rally.
Leading investors cast doubt on much-vaunted re-rating of lacklustre gold mining shares.
Neil Veitch, manager of the SVM All Europe SRI fund, has highlighted five firms which he sees as undervalued after the vicious market correction across Europe.
THE BIG QUESTION
The fund has broader remit than similar ethical products, including oil and gas exposure
SVM's Margaret Lawson, co-manager of the £42m SVM UK Growth fund, selects three stocks for growth in a weak economic environment, and two special cases worth backing.
Cherry Reynard outlines the key differences between investment trusts and open-ended funds and asks what is behind the recent resurgence in the sector?
Fund selectors often overlook small vehicles, but they carry a number of benefits according to managers. Joanna Faith finds out why bigger is not always better.
Analysts are underestimating the extent of the problems facing the banking sector, in a scenario reminiscent of the collapse of Lehmans, said Colin McLean, managing director of SVM.
The board of the SVM UK Active fund, formerly managed by Colin McLean, has confirmed the trust will be liquidated following activist investors Cyrun Finance taking over the trust.
SPOTLIGHT ON ETHICAL
ON UK GROWTH
SVM has closed its Balanced Managed fund due to a lack of investor demand.
ON UK GROWTH