View more on these topics

Julian Gibbs

It is sensible for all higher-rate taxpayers, and those who expect to be, as well as investors who may become capital gains tax-payers, to invest in an Isa.

Basic-rate taxpayers who are keen to invest in corporate bond funds where no tax is deducted should also invest.

This year I have chosen four quite different Isas. First, Invesco Perpetual monthly income, managed by Paul Reed and Paul Causer, who have an outstanding record over the years. This fund yields 5.5 per cent tax-free. Over the past five years the total return on this fund has been 8.6 per cent a year.

The second fund, Close Pip Isa, is for those who want a tax-free income but are keener on growth over the longer period. It invests in seven types of property. Close has an outstanding record in the property field where yields are much higher than on equities and gilts. There is also likely to be increased demand for commercial property.

The third, Framlington select opportunities is managed by my favourite UK fund manager, Nigel Thomas. He was for many years the top-performing manager of all. This fund is up by over 74 per cent over the past two years. He invests in a mixture of large, mid-cap and smaller companies and should continue to do well especially as his fund is still less than a 10th of the size of my other favourite fund, Anthony Bolton’s Fidelity special situations fund.

My last choice is New Star Pacific growth, managed by Ian Beattie, which, over the past two years since he has been managing it, is up by over 60 per cent. It invests mainly in Hong Kong, China, Korea, Taiwan and Singapore with smaller holdings in other Far Eastern countries. particularly like the Far East, out of 23 manage-ment groups’ forecasts, 17 are positive, six neutral and none negative.


Reaping the rewards

I read Money Marketing’s Leader last week and glimpsed Mr Cheung’s piece (will read fully later).

Duffy on mortgages

FSA regulation introduced a new participant to the mortgage world – the whistleblower. This, I like. Having seen some multiparty electioneering starting to manifest itself, it is time to expose some gross derelictions of duty. I am talking about the Government’s performance on mortgages and associated issues.

Happy while you work

Well we’ve had scorching weather (yes even up here in Scotland!) and now the Euros 2016 are on – you can’t blame people for wishing life was just one big holiday.  With all these distractions it sometimes feels like work just gets in the way of having a good time! But sunny day skivers are […]


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