View more on these topics

AITC celebrates golden years

The 45 investment trusts that have been in existence from the time of the Queen&#39s coronation in 1952 until today are still providing excellent value for investors, according to the Association of Investment Trust Companies.

Research by the AITC to celebrate the Queen&#39s Golden Jubilee focused on the performance of trusts such as those from Foreign & Colonial, Scottish American, JP Morgan Fleming and Henderson.

It canvassed the views of top IFAs on which fund managers have enjoyed the longest, most successful careers and who will be the fund managers of the future.

The AITC highlights how Michael Moule started managing the Bankers investment trust in 1977, the year of the Queen&#39s Silver Jubilee, and has produced a return of over 200 per cent in the last 10 years alone. Anthony Bolton has been at Fidelity special values since 1994.

Hargreaves Lansdown head of research Mark Dampier says: “Those who stand out through their longevity, experience and strong, consistent performance include John Walton at British Empire securities trust, Michael Moule, Anthony Bolton and Ian Rushbrook at Personal Assets. Colin McLean at Scottish Value has also enjoyed strong, consistent performance.”

Whitechurch Securities director Warren Perry says: “As for up and coming fund managers, you could not go far wrong with Graham Kitchen at Invesco. The income and growth investment trust is a traditional equity income fund in an investment trust wrapper and has performed very well.”


Moore&#39s code

Regulators, politicians and consumer groups have spent the last 10 years knocking the stuffing out of the life industry and with some justification.After all, it has spent the last 20 years selling – or should that be misselling? – some decidedly shaky products which seem to have been designed for the 19th Century rather than […]

Anna Bradley

With last week&#39s publication of its paper on the future of financial advice, the National Consumer Council announced its re-entry into the debate about an industry that it has left alone for the last three years.Leading the charge back into financial services is director Anna Bradley, who is looking to re-establish the NCC as a […]

Norwich & Peterborough joins Trigold platform

Norwich & Peterborough Building Society is joining the Trigold mortgage sourcing platform letting intermediaries find out about products and complete the application process online. N&P says its electronic integration with Trigold will make decision-making faster, reduce administration costs and speed up the delivery of products to the market. N&P&#39s decision to join the Trigold platform […]

Axa Isle of Man – Defensive Bond

Wednesday, May 29, 2002Type: Unit-linked bondAim: Income and growth by investing in the Liberty Ermitage assetselection fundMinimum investment: Lump sum £25,000Place of registration: Isle of ManInvestment split: 100% in the Liberty Ermitage asset selectionfundIsa link: NoCharges: Initial 0.43% a quarter for first four years, annual£25,000-£49,999 0.25%, £50,000-£99,999 0.2%, £100,000-£249,9990.17%, £250,000-£499,999 0.15%, £500,000 and above 0.14%, […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm