News

Historic decision is expected to improve the prospects for many US biotech and pharmaceutical companies

Emerging markets managers are deviating from benchmark weightings, arguing they miss out areas of greatest potential economic growth and investment opportunities.

ProFunds Group has launched a range of single inverse ProShares ETFs in the US, providing exposure to China, US real estate and the US basic materials sector.

Colin McLean expects to see more companies issuing bonds directly to retail investors.

The Government has announced a consultation into the tax regime for investment trusts, which will include rules on direct property investment.

Aberforth Partners is launching a split-cap investment trust that will offer enhanced income by investing in UK small caps.

Trust is to diversify away from concentrated UK sectors after 90% of investors voted to allocate non-UK companies

Sanlam Investment Management's Kokkie Kooyman has boosted exposure to emerging market banks in the Global Financial fund from 60% last September to 64%.

Standard Life Investments' Property Income Trust plans to grow its dividends by 10% this year after buying £21m of property in 2009.

Managers have welcomed Treasury proposals to relax the rules governing VCT and EIS investment.