View more on these topics

Small can still be beautiful

There are still some excellent opportunities in the smaller company sector if a fund manager with excellent stockpicking expertise is chosen.

Roger Whiteoak, manager of Framlington UK Smaller Companies, is my choice out of all the specialist managers in this sector. Over the past one and two years his performance is the best and over three years his fund is second in the sector. He is also the top performer out of all UK growth funds over one and two years.

He believes high growth rates will remain attractive in some sectors where there are high margin growth stocks. The sectors he particularly likes are IT, healthcare and biotech, aerospace, resources and some finance companies and in the main he avoids most retail, house building, car retail, property, leisure and hotel companies as well as some support services companies due to the UK’s domestic economic weakness. Nearly 40 per cent of his investments are in Aim companies and around another 30 per cent in FTSE small cap companies.

His top ten holdings include Umeco, Cambrian Mining, Gyrus Group, Paragon Group, Headlam Group, DANA Petroleum and Fenner. Recently, he has been adding to his holdings in companies with international earnings, high margins and growth, such as ITE, the exhibition company MTL which makes industrial controls systems and Griffin which mines zinc. I believe he will continue to outperform nearly all larger company portfolios. This fund is certainly among my top five choices over the next few years.


Letting agents exaggerate rental returns by up to 25 per cent

Letting agents in some regions of the UK are overstating rental returns by up to 25 per cent according to buy to let broker Landlord Mortgages.The broker advises prospective landlords to thoroughly research properties before making any purchasing decisions.London agents inflated rental returns by up to 25 percent followed by Birmingham agents who increased rental […]

Hopes fading for levy leap being shared out

FSA managing director of regulatory services David Kenmir has indicated it is unlikely to spread the escalating Financial Services Compensation Scheme levy across the industry. Rickman Tooze IFA Dylan Jenkins says: “I would expect further bad news for the IFA sector. Providers who pushed these products in the first place should pay.”

Scottish Life appoints Shields as head of individual business

Scottish Life has appointed Barry Shields as head of individual business with immediate effect.The pensions specialist arm of Royal London is hoping to grow its proposition in the individual pension market place.Shields team will be responsible for supporting the individual and Talisman 98 propositions and for developing the Sipp propositions for the post A-Day market.

Ritchie warns of pitfalls in Turner plans

Pension guru Stewart Ritchie is outlining his plan for UK pension reform and warning IFAs of potential pitfalls in the Turner report. In his Ritchie Report, the Scottish Equitable pensions development director sets out his six-point plan for reform. He warns that the consequences of possible Turner proposals could include UK plc becoming less competitive […]

Health - thumbnail

Healthcare predictions for 2015 from Jelf Employee Benefits

The continuing fall-out from the Competition and Markets Authority’s (CMA’s) review, the rise of the private GP and digital engagement will be the primary focuses in the private healthcare industry during 2015, according to Iain Laws, managing director, healthcare and group risk, at Jelf Employee Benefits.


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