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SVM Asset Management joins Cofunds

Fund manager SVM Asset Management has joined fund supermarket Cofunds as part of its continued strategy at enhancing its IFA distribution.

Three of its Oeic funds are joining the platform with immediate effect. The funds are its UK opportunities fund, UK 100 select fund and continental Europe fund.

SVM Asset Management business development director Sam Batcharj says: “It is important that SVM aligns itself with the best fund supermarket in order that IFAs have access to SVM&#39s consistent investment fund performance.”

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Neptune Investment Management – Neptune US Opportunities Fund

Tuesday, 14 January 2003 Type: Oeic Aim: Growth by investing in US equities Minimum investment: Lump sum £1,000 Investment split: 100% in US equities Isa link: Yes Pep transfers: Yes Charges: Initial up to 5%, annual 1.6% Commission: Initial 3%, renewal subject to negotiation Tel: 020 8323 8023

Strong dollar can be a powerful driver of UK dividend growth in 2015

By Robin Geffen, fund manager and CEO 

This year threatens to be a challenging one for UK dividend hunters. Last year saw an all-time record amount paid out in UK dividends — some £97.4bn, according to research from Capita Dividend Monitor. Yet as Capita also pointed out, out the biggest single factor driving the growth in the fourth quarter of last year was easy to identify: the rising US dollar. 

In our view, this trend is much more than simply a one-quarter phenomenon. It is actually the most profound issue to get right as a UK equity income investor in 2015. We believe that the US dollar will continue to strengthen significantly from its current level. This is due more to the US economy’s demonstrable de-coupling from the rest of the world than to a view on the UK. The US has a strong chance of tightening monetary conditions this year without jeopardising growth or de-stabilising its housing market. The same can unfortunately not be said about the UK.

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