Jupiter loses another fund run by star stockpicker Investing Asset manager Jupiter has lost another fund run by star stockpicker Ben Whitmore, as the mandate for an Omnis fund has been taken away from it following Whitmore’s departure. The £573m Omnis Income and Growth fund is set to be shifted to being managed by Ninety One, after being run by Whitmore since July 2019. [...]
Investec downgrades ‘deeply underwhelming’ Martin Currie trust Investing Investec has downgraded a Martin Currie-run investment trust due to its “deeply underwhelming” performance, arguing investors should sell out of the vehicle. The performance of the £234.5m Martin Currie Global Portfolio has been “concerning” and its attempts to keep its stock price up are “clearly not sustainable,” warned Investec analysts Alan Brierley and Ben Newell. [...]
Robinhood boss: Why UK public should trust trading and investing app after Gamestop saga Investing In this episode of Boardroom Uncovered, the boss of Robinhood UK Jordan Sinclair talks about his journey from South Africa to the City of London, how the trading and investing app is taking on the likes of Hargreaves Lansdown and AJ Bell as well as what kind of a leader he is.
Think you can beat the market? Most active managers can’t March 15, 2024 Only 17 per cent of actively managed equity funds beat the index over the last decade, new research revealed.