View more on these topics

Premier fund aims to find undervalued European stocks

Niche investment group Premier Asset Management is targeting IFAs with a new fund which offers exposure to undervalued high-performing stocks in Europe.

Former Solus European growth and UK special situations funds manager James Buckley is now solely responsible for the Premier European growth fund.

The Standard & Poor’s rating for the Solus European fund improved from one star to four stars under Buckley’s management and he is aiming to replicate this performance at Premier.

The fund now has 40 stocks, the maximum individual stock weighting is 5 per cent and all holdings under 1 per cent have been removed or increased.

Buckley says he takes a common-sense approach to investing and has struck a chord with IFAs by focusing on bottom-up stockpicking.

His chosen stocks include the Copenhagen Airports group, Portugal Telecom and Norwegian oil services group TGS Nopec.
Buckley undertakes his own research, targeting funds which he believes are undervalued and looking for comp-anies that offer exposure outside of Europe with lower risk, such as Copenhagen Airports which has a presence in China.

He is also focusing on other sectors such as the pharmaceuticals and oil.

Buckley says: ” The oil sector is going through a costcutting process and restructuring at the moment it will be interesting to see how the companies can improve their margins in such a volatile environment.”

Recommended

Freedom Finance changes name of mortgage arm

Freedom Finance is changing the name of its mortgage lending business to Freedom Lending to avoid confusion among mortgage intermediaries. Freedom Finance has three distinct distribution channels – a lending proposition, a loan and mortgage brok-ing and packaging service – and Mortgage Next, which supports appointed representatives and directly authorised brokers. It says that as […]

AIFA’s View

I think this is my penultimate column for this esteemed organ. It is about time I threw all my toys out of the pram and let off a bit of steam. So let’s hear it for Smee’s gripes and groans (episode one).

India GDP surprise

By Kunal Desai, head of Indian Equities, Neptune Kunal Desai, manager of the Neptune India Fund, comments on the strength of India’s latest GDP figures. Click here for more Important Information Investment risks The Neptune India Fund may have a high volatility rating and past performance is not a guide to future performance. The value […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com