Insights, views and fund updates

Next Fifteen and dotdigital benefiting from the accelerated shift to a digital economy. Read more

Indivior shares surge after reaching settlement with former parent Reckitt Benckiser. Read more

Attraqt and Science Group among the Fund’s highlights during busy month of trading updates. Read more

Next Fifteen and dotdigital benefiting from the accelerated shift to a digital economy. Read more

Next Fifteen and dotdigital benefiting from the accelerated shift to a digital economy. Read more

Indivior shares surge after reaching settlement with former parent Reckitt Benckiser. Read more

We firmly maintain the view that investing in the most innovative businesses will deliver strong investment returns and outperformance over the coming years. As such, we continue to seek out and buy these businesses. Read more

Q4 updates drive portfolio moves; Impax Asset Management a top riser but Danish Jeweller Pandora gives up some group. Read more

Having fared very well towards the end of 2020 as market conditions evolved favourably for the portfolio’s value tilt, January saw a setback for both the long book and short books. Read more

Q4 updates drive portfolio moves; Seagate Technology rises on broad-based trading improvement, but travel industry stocks fall. Read more

Q4 updates drive portfolio moves; ASML a top riser but Danish Jeweller Pandora gives up some group. Read more

Democrat clean sweep opens door for significant fiscal plan. Read more

Democrat clean sweep opens door for significant fiscal plan. Read more

With Trump and Brexit in the rear-view mirror, John Husselbee looks past a tough January to a brighter 2021, with a few timely lessons on herd investing along the way. Read more

Many technology companies continue to be a fantastic place to invest, both benefiting from and driving trends that have been taking place for many years and, while accelerated during the pandemic, will continue to grow for many years to come. Read more

In a continuation of the previous quartertly market trading patterns, the Fund’s underlying equity portfolio collectively outperformed due principally to the Fund’s exposure to the previously hard hit more cyclical areas. Read more

The majority of the performance has been from stock specific factors but in general, given the market backdrop, our smaller market cap holdings and companies in sectors and industries that were most impacted by the crisis performed strongly. Read more

Investor sentiment improved markedly in the final quarter, with most turning their attention to lowly-rated companies that had suffered the most during the first three quarters of the year. Read more

US Income strategies in general have struggled this year in the face of a market dominated by technology and particularly mega-tech companies. Read more

Portfolio returns were helped by the performance of consumer discretionary and utilities in Brazil, and financials in Mexico and Chile. Read more

This quarter, the major contributors were the semiconductor silicon suppliers that leapt on the news of further consolidation within the sector as well as booming IT equipment sales relating to Covid’s boosting of remote working. Read more

The final quarter of 2020 saw Indian equities continue the strong upsurge from the March lows, driven by rapidly improving sentiment both at home and abroad. Read more

The Biden presidency and new structure of the Senate will provide investors with increased policy certainty over the next four years, so we see this as a positive development for markets. Read more

The true long-term economic cost of the pandemic remains difficult to fathom at this stage. As such, we believe it is vital investors remain vigilant and we expect volatility to be a key feature of the months ahead. Read more

Global markets rallied in the fourth quarter as vaccine announcements led to hopes that mass vaccination will allow for a return to normalcy, despite coronavirus cases rising across the world. Read more

The outperformance was predominantly driven by strong stock selection, with key highlights being in China/Hong Kong, where China Resources Beer and Haier Electronics rallied firmly as the economy continued to open up. Read more

Strong performance relative to the MSCI benchmark was supported by the renewables exposure in our portfolio, which continued to benefit from President Xi’s announcement of China’s goal to be carbon neutral by 2060. Read more

The Fund handed back some relative performance in Q4, a period during which value stocks enjoyed a considerable rebound. This was buoyed by news of a vaccine, with more cyclical/physical economy stocks leading markets. Read more

The growing prospect of an economic return to normality – though the path is sure to contain various twists and turns – favoured stocks during the quarter worst hit so far during the crisis. Read more

We believe global small caps are also worth considering now because of their relatively cheap valuations and their potential for economic growth as we come out of this crisis. Read more

The majority of the underperformance during the quarter came from our underweight in the energy sector, as well as our overweights in gold miners and technology stocks. Read more

Trainline and National Express among top names as transport sector rallies on vaccine news. Read more

Financial names including Q3 addition Avanza and DNB key to Q4 outperformance. Read more

Banking exposure key as sector responds well to extended stimulus measures. Read more

Asset allocation positive over quarter, with overweight equity and infrastructure positions beneficial. Read more

Strong technical backdrop continues for credit, with low issuance, enhanced support packages and rising demand for yield. Read more

New additions over Q4 included Spotify and Illumina. Read more

Semiconductor names among best Q4 performers, include Cadence, ASML and Infineon. Read more

Familiar names such as Autodesk, Infineon and ASML among top performers in fourth quarter. Read more

Solid period for credit as vaccine news drives rally in risk assets. Read more

Financials including Avanza, Charles Schwab and First Republic among top contributors over quarter. Read more

Ceres Power and several financial names lead performance over fourth quarter. Read more

Financials including Avanza, Charles Schwab and First Republic among top contributors over quarter. Read more

Consumer names including Trainline and Basic-Fit among top holdings, rewarding call to add to these in Q3. Read more

Alongside the positive news surrounding a number of Covid-19 vaccines, the Biden presidency and new structure of the Senate will provide investors with increased policy certainty over the next four years, which we see as a positive development for markets. Read more

Reassertion of company fundamentals underpins good 2021 outlook for Asian markets. Read more

Contrasting investor reactions to Halma and Sage Group business reorganisations. Read more

Contrasting investor reactions to Halma and Sage Group business reorganisations. Read more

IMImobile shares jump on Cisco takeover approach. Read more

IMImobile shares jump on Cisco takeover approach. Read more