Redwheel has overhauled its Global Horizon fund following $2.7bn outflows, which followed the retirement announcement of founding portfolio manager Louise Keeling.
The British Isa plan is under consultation, then rules will need to be finalised and providers given time to create new products. Therefore, the earliest likely launch date is thought to be April 2025.
Corporates are shunning dividends in favour of buybacks to return capital to shareholders. Some estimates suggest around half of companies on the main market have bought back shares.
UK banks are going to a much tougher time of it in 2024 than they have over the last 12 months. Analysts at Liberum believe that banks s outperformance in 2023 is set to reverse this year.
On the first episode of a new series of the Investing Show, Ian Lance explains the investment philosophy that has seen Temple Bar return 80 per cent since he and Nick Purves took over.