View more on these topics

T Bailey builds on Asia and Pacific theme

T Bailey is building on the theme of dividends in Asia and the Pacific by adding the Somerset emerging dividend growth fund to the T Bailey growth fund and increasing its existing holding in the Newton Asian income fund.

The firm is investing in emerging markets on the back of various themes, including the dividend story. Senior fund manager Richard Martin, manager of the T Bailey growth fund, says as emerging economies grow, the companies based in those regions also grow and mature. He says it makes sense for those companies to build up their investor relations by paying dividends, with many companies paying some of the highest dividend yields that are available to investors.

The T Bailey growth fund has a 4.17 per cent allocation to Jason Pidcock’s Newton Asian income fund and 3.81 per cent in the Somerset emerging markets dividend growth fund.

The Newton fund has a broad geographical remit across Asia Pacific ex Japan, including Australia and New Zealand. At over 25 per cent of the portfolio, Australia currently comprises its highest regional weighting. Somerset Capital’s emerging markets dividend growth fund has 40 stocks across regions such as South Africa and Brazil.

T Bailey senior fund manager Richard Martin says: “T Bailey was early in to emerging markets and investing in the emerging market dividend story is a continuation of that.”


Altin Fohf first to declare dividend

SYZ Asset Management believes its Altin fund is one of the first listed funds of hedge funds to declare a dividend for shareholders. The firm will pay a dividend yield for 2011 of 9.3 per cent based on the fund’s end-of-year share price. It intends to pay dividends in future years and hopes this will […]


Lloyds denies Scottish Widows bid as profits fall

Lloyds Banking Group has posted a nine per cent fall in pre-tax profit for the first three months of the year from £316m to £288m. The group’s interim management statement for the first quarter also reveals the bank has set aside an additional £375m to cover the cost of compensating customers who were missold payment […]


The Brunner Investment Trust – April 2017

Welcome to the latest update for The Brunner Investment Trust PLC from the Trust’s portfolio manager, Lucy Macdonald. Market Review Global equities have rallied over the first quarter of 2017, buoyed by signs of strengthening growth and optimism over company earnings, although this rally has faded towards the quarter end. US equities posted their strongest […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment