View more on these topics

Hawksmoor’s ‘would I buy it today’ test

Multi-manager Hawksmoor says monthby-month performance has its place in the management of its Vanbrugh fund of funds even though more weight is placed on longer-term performance.

The firm says that as Vanbrugh is not an absolute return fund that aims to outperform a cash benchmark, it does not focus too much on monthly performance figures but does use shorter-term figures to keep an eye on performance and make sure it is investing in the right holdings. It believes you have to look back to last month to see if a holding should be increased or sold.

Fund manager Daniel Lockyer says managers are always looking forward to make today’s portfolio appropriate for tomorrow. The multi-manager team uses a “would I buy it today” test for its portfolio holdings.

Lockyer says: “If the price has moved up since we bought it, we ask ourselves where is the future value going to come from? When we buy something, we ask ourselves where do we think the upside rewards and downside risks are? We look at everything to make sure it is still right and would I own it today?”



FSA fines IFA over platform advice

The FSA has fined Moneywise IFA £19,600 over compliance failings relating to the investment advice it gave to clients using platforms and discretionary portfolios. Moneywise IFA was referred to the FSA’s enforcement and financial crime division as a result of the regulator’s earlier thematic review on platforms in March. One of the director’s of Moneywise […]

Standard global absolute fund storms to the top

Standard Life Investments global absolute return strategies has become the UK’s best-selling fund, with net sales in the first half of this year more than double those of any other fund. Net sales on the fund were £1.7bn compared with the second-placed fund, Newton real return, which took £857m, according to Lipper. The Standard fund […]

Leading Edge – April 2017

There is little doubt 2017 will be a year of political uncertainty. Leading Edge is Royal London Asset Management’s regular review of investment markets. This edition explores some of the impacts that this uncertainty is having on investors, from the pitfalls of prediction within UK equity investing to the dangers of opting for convenience over […]


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