Click on the links below to read the full article.
21 November 2024 — The Financial Conduct Authority (FCA)
recently introduced updates to its Sustainable Disclosure
Requirements (SDR) and the new investment labels framework,
which aim to bring more clarity and transparency to
sustainable investments.
Read more >>
21 November 2024 — Jupiter Asset Management has recruited
GAM’s Niall Gallagher, along with his team of Christopher
Sellers and Chris Legg, to take on management of Jupiter’s
existing range of European equity funds. Management will
include Jupiter’s flagship Jupiter European fund, which
has been managed by Mark Heslop and Mark Nichols since 2019.
The £2.5bn fund is currently in the IA Europe Excluding UK
sector’s bottom quartile over one, three and five years.
Read more >>
12 November 2024 – Chelsea’s research team has made a
number of changes to its Chelsea Selection.
Read more >>
31 October 2024 — It could have been worse. That seems to
be the prevailing verdict on the Budget measures announced
yesterday. Yes, there was difficult news on capital gains
tax for stocks and shares, on the inheritance tax treatment
of AIM shares and unspent pensions, and for certain sectors,
but Budget 2024 was better than the gloomiest predictions
had expected.
Read more >>
24 October 2024 — There are a number of upcoming changes
to the FTF Martin Currie Japan Equity Fund, which will be
effective from 17 December 2024. These changes include
adjustments to the fund’s investment approach, a shift in
management responsibilities, and a name change.
Read more >>
11 October 2024 — We have been informed by Jupiter of an
upcoming change to the Jupiter UK Special Situations Fund.
Effective 11 October 2024, the fund will be renamed the
Jupiter UK Dynamic Equity Fund.
Read more >>
20 August 2024 - The VT Chelsea Managed Monthly Income fund
was launched in June 2017 and has provided investors with a
stable monthly distribution, which has grown over time.
Read more >>
29 May 2024 — In the last decade, the UK’s economy and
its stock market have been tarnished by a faltering economy
and volatile politics. The economy has lost £140bn since
Brexit*, global allocators have taken flight from the UK
market, and London’s status as the global financial hub
has been undermined.
Read more >>
19 April 2024 — We are delighted that our popular VT
Chelsea Managed Monthly Income fund has been featured in a
recent Trustnet article:
Read more >>
8 March 2024 — Facing an upcoming election and a fragile
UK economic climate, the Chancellor of the Exchequer was
challenged with crafting a Spring Budget that balanced voter
appeal with a perception of responsible fiscal management.
Therefore, while the tax landscape is set to be altered
significantly, the government took no chances with a budget
that is expected to do little to change the fundamental
economic picture.
The list of tax reforms started with a further 2p cut to
National Insurance contributions, marking one of the largest
individual tax reductions in UK history. Additionally, the
non-domiciled resident “non-dom” tax regime is to be
replaced with a new system, while adjustments to the child
benefit system will see the High-Income Child Benefit Charge
threshold lifted.
Read more >>
16 February 2024 – Chelsea’s research team has made a
number of changes to its Chelsea
Selection.
Read more >>
12 January 2024 — It was announced that Ben Whitmore,
manager of Jupiter UK Special Situations fund, will be
leaving to pursue his own venture. Jupiter have named Alex
Savvides as his successor on the flagship fund. Alex has
spent his entire investment career at JO Hambro Capital
Management (JOHCM), managing the £1.2bn JOHCM UK Dynamic
fund.
Read more >>
14 December 2023 — Columbia Threadneedle announced that it
plans to close the CT UK Extended Alpha fund.
Read more >>
21 November 2023 - Jupiter Asset Management has recruited
GAM’s Adrian Gosden and Chris Morrison to join the
company, bringing with them their co-managed UK Equity
Income fund. The pair, who join in 2024, will also take on
the management of the £1.5bn Jupiter Income Trust, which
has been managed by Ben Whitmore for the past decade.
Read more >>
11 September 2023 - Investors in the VT Chelsea Managed
Monthly Income fund will be celebrating this week when they
receive a bumper dividend payment.
Read more >>
4 August 2023 - abrdn has announced it is seeking to merge
the abrdn Global Absolute Return Strategies fund (previously
called Standard Life Investments Global Absolute Return
Strategies fund) with the abrdn Diversified Income fund.
Read more >>
6 June 2023 - Launched on 5 June 2017 by Chelsea Financial
Services, the four VT Chelsea Managed
Funds
are now celebrating their sixth anniversary.
Read more >>
24 May 2023 – Chelsea is delighted to announce that our
research director, Juliet Schooling Latter has been
nominated for two investment awards.
Read more >>
15 March 2023 – In the Spring Budget 2023, Chancellor
Jeremy Hunt unveiled two big changes for pensions.
Read more >>
6 March 2023 – With the end of the tax year fast
approaching, investors who have not already made the most of
their tax allowances may like to know the deadlines for
investments via Chelsea Financial Services.
Read more >>
27 February 2023 – Chelsea’s research team has made a
number of changes to its Chelsea Selection.
Read more >>
16 January 2023 – Uswitch.com has named Chelsea’s Junior
ISA as an editor’s pick in its latest comparison of the
best Junior ISAs*.
Read more >>
21 November 2022 - Chancellor Jeremy Hunt’s Autumn
Statement took 60 minutes to deliver last week. And in that
one hour, three tax changes made pensions and ISAs more
important than ever.
Read more >>
7 November 2022 – Chelsea’s research team has made a
number of changes to its EasyISA portfolios.
Read more >>
23 September 2022 - New Chancellor Kwasi Kwarteng gave a
not-so-mini mini budget on Friday. In what he described as a
“new approach for a new era” he pledged to “turn a
vicious cycle of stagnation into a virtuous cycle of
growth.”
Read more >>
21 September 2022 – The Pembroke VCT has been opened to
investors and there are special discounts on the initial
charge for Chelsea investors. The minimum investment is
£5,000 and there is a capacity of £40m.
Read more >>
On Monday 19 September 2022 – the day of Her Majesty Queen
Elizabeth II's funeral – the nation comes together to
reflect on her long, happy and glorious reign.
Read more >>
22 July 2022 - Sam Buckhurst opened his first ISA in the
last year after starting a new job. Since he’s invested,
the stock market has been volatile, it hasn't discouraged
him too much, and he is carrying on investing monthly.
Read more >>
19 July 2022 – A number of Threadneedle, BMO and Sanlam
funds are all having their names changed. There will also be
a temporary suspension of dealing in the Sanlam funds, while
they are transferred to a new ‘umbrella’.
Read more >>
10 June 2022 - When you are getting divorced, getting a
renewed focus on your finances is not uncommon. This is the
case for private investor Laura Cleaver.
Read more >>
6 June 2022 - Exactly five years since the launch of the VT
Chelsea Managed Funds, VT Chelsea Managed Monthly Income
marks the anniversary at the top of its sector.
Read more >>
12 May 2022 – Janus Henderson announced this week that the
sale of its property fund assets has now progressed and it
has begun the process of closing the fund so that the
proceeds can be returned to investors.
Read more >>
28 March 2022 – For the second year running, Chelsea has
won the Best Mixed Asset Small Fund Family Group Over Three
Years in the Refinitiv Lipper Fund Awards, United Kingdom
2022, for its VT Chelsea Managed Fund range.
Read more >>
23 March 2022 – In the Spring Statement today, Rishi
Sunak, Chancellor of the Exchequer, gave details on the
state of the UK economy and outlined how he would be helping
Brits cope with the increase cost of living.
Read more >>
Our opening times and the end of tax year deadlines for ISA
and Junior ISA investments via Chelsea Financial Services
are as follows:
Read more >>
11 February 2022 - The current tax year is likely to set a
new fundraising record for venture capital trusts (VCTs),
according to the Association of Investment Companies.
Read more >>
16 December 2021 - 2021 has been another hard year for
businesses and individuals, as we continue to battle the
pandemic. But it’s been a positive year for many
investors.
Read more >>
2 December 2021 - Like many people her age, Jess Maybury,
29, is hoping her investments will enable her buy her first
home. Jess works as a bio-medical scientist working in the
university sector, where she is on a vaccination analysis
team for COVID.
Read more >>
26 November 2021 – Marlborough Fund Managers has announced
two changes to its fund names, effective from today.
Read more >>
27 October 2021 - Many people reassess their financial
priorities after going through a difficult time. That was
certainly true for DIY investor Jane Rebus, who was injured
in a car accident and realised she needed a savings cushion.
Read more >>
27 October 2021 - Much of Chancellor Rishi Sunak’s Autumn
Budget and Spending Review was public knowledge before he
gave his speech today.
Read more >>
13 September 2021 – The Investment
Association, the trade body
and industry voice for UK investment managers, has announced
that it is launching six new sectors today.
Read more >>
8 September 2021 – Artemis has announced today that James
Foster, manager of Artemis Strategic Bond fund, is to retire
at the end of 2021. Alex Ralph, his co-manager, is also
leaving the firm.
Read more >>
2 September 2021 - Richard Swoboda and his wife Staci hope
their Isa investments will allow them to get on to the
property ladder and also help with their animal rescue
project.
Read more >>
16 August 2021 - Aviva has announced that it is closing the
Aviva Investors Multi-Strategy Target Income fund on 27
September 2021. This is because the fund has reduced in size
and, when taking account of the running costs, the company
has concluded that it would be in the best interests of
investors to close the fund.
Read more >>
12 August 2021 – Following its acquisition by Franklin
Templeton in 2020, the names of a number of Legg Mason funds
have now been changed.
Read more >>
12 July 2021 - J O Hambro Capital Management has announced
that it plans to close the JOHCM Japan fund.
Read more >>
21 June 2021 – Evenlode Investments has launched a global
equity fund under the management of Chris Elliot and James
Knoedler.
Read more >>
16 June 2021 - At 75 years of age, Katherine Blackwood is
able to enjoy some of the gains she has made from investing
over the past quarter of a century or so.
Read more >>
1 June 2021 - Marlborough Fund Managers has taken the
decision to move the Marlborough Special Situations
fund from the IA UK Smaller Companies sector to the IA UK
All Companies sector with effect from 1st August 2021.
Read more >>
6 May 2021 - AXA Investment Managers (AXA IM) has announced
Dani Saurymper will be leaving its Healthcare team in June
and that Peter Hughes and Linden Thomson will become
co-managers of the AXA Framlington Health fund.
Read more >>
21 April 2021 - M&G Investment has announced that it will
reopen the M&G Property Portfolio for dealing as of midday
on 10 May 2021. The decision to lift the suspension has been
taken by the Fund’s Authorised Corporate Director (ACD)
and its Depositary, who are now satisfied the fund has a
suitable liquidity position for customers who wish to sell
their investment and for those who wish to remain invested.
The Financial Conduct Authority has also been notified.
Read more >>
14 April 2021 – After eight years at the firm, fund
manager Jonathan Golan has decided to leave Schroders and
will be joining the fixed income team at Man GLG.
Read more >>
25 March 2021 – Chelsea has been named winner of the Best
Mixed Asset Small Fund Family Group Over Three Years in the
Refinitiv Lipper Fund Awards, United Kingdom 2021.
Read more >>
3 March 2021 - Rishi Sunak, Chancellor of the Exchequer,
gave his annual Budget today.And with a national debt in
excess of £400 billion, all eyes were focused on how this
debt will be paid-off.
Read more >>
15 February 2021 – Jupiter Asset Management has announced
that, from today, the Merian funds in its range will be
rebranded and renamed Jupiter.
Merian Global Investors was created following a management
buyout in June 2018. The business was subsequently purchased
by Jupiter Asset Management in 2019. As part of the
company’s ‘fresh start’, a new logo has been created
along with a new Jupiter website, which also goes live
today. The Merian website will be retired.
Read more >>
28 January 2021 – Janus Henderson has announced that
dealing in the Janus Henderson UK Property fund will resume
at midday on 24 February 2021.
Read more >>
19 January 2021 - M&G has announced it will be cutting the
management fee across its range of funds.
Read more >>
12 January 2021 – Artemis has announced that it will be
changing the name of a number of its funds that use the
SmartGARP® investment process.
Read more >>
7 January 2021 - Invesco has decided to disband its
Henley-based Japanese equities team and move management of
its UK and Luxembourg domiciled funds to the company’s
dedicated investment team based in Tokyo, which already
manages US$11.6bn in Japanese equity assets.
Read more >>
16 December 2020 – RWC Partners have launched a high
conviction global equity income fund, which will be run by
veteran manager Nick Clay and his team.
Read more >>
27 November 2020 – Having received regulatory approval,
funds previously labelled LF Miton and Premier, will be
renamed today with the prefix ‘Premier Miton’.
Read more >>
16 October 2020 – Legal & General Investment Management is
proposing the merger of the Legal & General UK Alpha Trust
into the Legal & General Growth Trust.
Read more >>
15 October 2020 - Man GLG has today announced that Stephen
Harker and Neil Edwards, co-managers of Man GLG Japan
CoreAlpha fund, are to retire in March next year. Jeff
Atherton, another co-manager, will take over the lead role,
supported by the existing team.
Read more >>
5 October 2020 – Following our recent investment committee
meeting, a number of changes have been made to the Chelsea
Core Selection, Chelsea Selection and EasyISAs.
Read more >>
23 September 2020 – With shareholder early bird savings of
0.5% and 0.75% for existing shareholders until 30 October
(or on the first £7.5m raised in each of the 2 VCTs),
Baronsmead is looking to raise £40 million, with a £35
million over-allotment facility across two VCTs.
Read more >>
22 September 2020 - First State Investments has today
rebranded to First Sentier Investors. The brand change is
part of a global re-branding program which began in 2019
after First State Investments was acquired by Mitsubishi UFJ
Trust and Banking Corporation (MUTB), a wholly-owned
subsidiary of Mitsubishi UFJ Financial Group, Inc. (MUFG).
Read more >>
21 Sept 2020 - M&G has announced that Tom Dobell, manager of
the M&G Recovery fund, will step down from his fund
management responsibilities and leave M&G at the end of
December. Michael Stiasny will take over the management of
the M&G Recovery fund at that time.
Read more >>
4 September 2020 – Following the merger of Premier Asset
Management Group plc and Miton Group plc last November, the
newly named Premier Miton Group plc is proposing the merger
of two of its income funds: FP Premier Miton Income and
Premier Monthly Income fund.
Read more >>
24 August 2020 - Having been launched from founder Steve
Job’s garage in 1976, it took four decades for Apple to
become the world’s first $1 trillion company.
Read more >>
23 July 2020 – Following a change of fund
manager
in May, Invesco has now announced that Invesco High Income
fund will be renamed.
Read more >>
14 July 2020 - The Chelsea research team has just completed
its annual fund review covering more than 200 of our most
widely-held funds, grouped into sectors. We give a brief
round-up of high-profile upgrades and downgrades, as well as
introducing clients to a number of new entries.
Read more >>
1 July 2020 - Jupiter Fund Management has announced that its
acquisition of Merian Global Investors has been completed.
Read more >>
25 June 2020 – Following the resignation of Alan Rowsell,
lead manager of the ASI Global Smaller Companies fund since
launch in 2012, Aberdeen Standard Investments has announced
that Harry Nimmo will become co-manager of the fund, working
alongside recently appointed co-manager, Kirsty Desson.
Read more >>
12 June 2020 - The VT Chelsea Managed fund range marked its
third anniversary earlier this month, posting solid returns
for investors over what has proved to be an eventful few
years.
Read more >>
15 May 2020 – Invesco has today announced that Mark
Barnett, manager of Invesco Income and Invesco High Income
funds, has left the company.
Read more >>
14 May 2020 – Marlborough Fund Managers has today
announced a long-term succession planning strategy for its
Marlborough Special Situations and Marlborough UK Micro-Cap
Growth funds, which are on the Chelsea Selection and Chelsea
Core Selection respectively.
Read more >>
4 May 2020 – Following the devastating impact of the
Coronavirus pandemic on the economies of many countries,
Alquity Investment Management (Alquity) has launched a 40-40
Campaign to accelerate its support for those most affected
in emerging markets.
Read more >>
29 April 2020 - There has been a minor change to the VT
Chelsea Managed Monthly Income and VT Chelsea Managed
Cautious Growth fund, in that we have changed the fund’s
year end from end of April to the end of June.
Read more >>
21 April 2020 - Anyone watching their twitter feed last
night, or the evening news, could be forgiven for thinking
that the world – already in shutdown due to the
Coronavirus – was going a little crazy: the price of a
barrel of oil went below zero – effectively meaning that,
if you had the space, you would be paid to take it!
Read more >>
9 April 2020 - Investec Asset Management has become Ninety
One Limited. Established in South Africa in 1991, as
Investec Asset Management, the firm started offering
domestic investments in an emerging market.
Read more >>
31 March 2020 – In a statement today, Invesco has said
that it is writing down 60% of the unquoted assets in
Invesco High Income and Invesco Income funds.
Read more >>
26 March 2020 (updated 30 March 2020) - Commenting on Nick
Clay & team’s departure from Newton Investment
Management, Juliet Schooling Latter, research director of
Chelsea, said: “This is obviously a blow for the company
– losing a team as opposed to one fund manager. After 20
years or so with Newton, the offer to move to RWC and launch
a new franchise was obviously a very good opportunity and
one that Nick felt was too good to turn down.
Read more >>
Our priority is ensuring the health and safety of our staff,
while continuing to provide service to our customers. It is
absolutely vital that we maintain the essential services
that we provide to our customers during this time and our
staff are doing everything they can to achieve this.
Read more >>
23 March 2020 - Having started the year at 7,542, the FTSE
100 is today (23 March) struggling to hold 5,000. And, with
daily headlines highlighting stock market plunges, it would
be easy to become very disheartened about our investments.
Read more >>
18 March 2020 - Dealing in Janus Henderson UK Property PAIF
and Kames Property Income fund has been temporary suspended.
Read more >>
12 March 2020 - It was perhaps inevitable that this Budget
would be taken over by events out of its control. The
Coronavirus is dominating headlines the world over and,
naturally, the Government recognised that now was not the
right time to be tinkering with taxation concerns and
pension legislation.
Read more >>
11 March 2020 - After five years, the Tapered Annual
Allowance for pensions has finally been amended by Rishi
Sunak, Chancellor of the Exchequer.
Read more >>
11 March 2020 - After a speech that lasted more than an hour
this afternoon, and more shouts of “Getting it done”
than we could keep up with, Rishi Sunak, the Chancellor of
the Exchequer, failed to mention some good news for savers:
the Junior ISA allowance is to almost double, rising from
the current £4,368 to £9,000 next tax year.
Read more >>
12 February 2020 - Following a period of carefully managed
transition, Aberdeen Standard Investments has announced that
LF ASI Income Focus (formerly named LF Woodford income
Focus) is to reopen on 13 February 2020.
Read more >>
7 January 2020 – Franklin Templeton announced today that
Paul Spencer, manager of Franklin UK Mid Cap fund, is to
retire on 30 September 2020.
Read more >>
24 December 2019 - Aberdeen Standard Investments (ASI) has
been appointed by Link Fund Solutions Limited as the new
investment manager of the LF Woodford Income Focus fund.
Subject to regulatory approval, the fund will be renamed LF
ASI Income Focus fund and will be managed by ASI’s Charles
Luke and Thomas Moore, supported by the 16-strong UK equity
team led by Andrew Millington.
Read more >>
18 December 2019 - Thesis Unit Trust Management Limited
have advised that Sanditon Asset Management, who have been
acting as investment manager for the TM Sanditon funds, has
elected to retire from this service.
Read more >>
5 December 2019 - M&G Investments (M&G) has announced that
it is temporarily suspending dealing in the shares of the
M&G Property Portfolio and its feeder fund with immediate
effect.
Read more >>
15 October 2019 - You may have seen in the national press
that the Woodford Equity Income fund is to be wound up.
Read more >>
3 October 2019 - Invesco has announced that Stephanie
Butcher will succeed Nick Mustoe as CIO of the Henley
Investment Centre at the end of 2019.
Read more >>
1 October 2019 – Liontrust has completed its acquisition
of Neptune Investment Management Ltd.
Read more >>
6 August 2019 – Following the merger of Aberdeen Asset
Management and Standard Life in 2017, the company rebranded
to 'Aberdeen Standard Investments'.
Read more >>
1 August 2019 – M&G has simplified the way it charges for
its funds. Effective today – and with the exception of its
property funds – the company is combining all fund charges
into a single annual charge. Only exceptional items such as
unforeseen legal and tax expense, will not be included.
Read more >>
1 July 2019 – We are extremely proud to announce that Ryan
Lightfoot-Brown and James Yardley, two of Chelsea's research
analysts, have won the Investment Week Trailblazer Award.
Read more >>
19 June 2019 - It is now more than two weeks since trading
was suspended for LF Woodford Equity Income fund. During
that time, we have received a number of queries from
concerned investors. Below is a summary of the most-asked
questions and our answers.
Read more >>
3 June 2019 – Trading in Woodford Equity Income fund has
been suspended until further notice.
Read more >>
30 May 2019 – Artemis has announced plans to transfer its
Global Energy fund to Guinness Asset Management.
Read more >>
25 April 2019 - This year, Japan is extending its annual
Golden Week holiday to 10 days, to mark the abdication of
Emperor Akihito and the ascension of his son, Crown Prince
Naruhito, to the throne.
Read more >>
10 April 2019 - Get an early start: shelter up to £20,000
in an ISA and up to £4,368 in a Junior ISA in the 2019/20
tax year.
Read more >>
1 April 2019 - Jupiter Asset Management has announced that
Mark Nichols will be appointed the new manager of Jupiter
European fund later this year.
Read more >>
6 March 2019 - This week marks two big milestones: it is the
tenth anniversary of stock markets hitting rock bottom in
the wake of the global financial crisis, as well as the
decision by the Bank of England to cut interest rates to
‘emergency levels’ of 0.5%.
Read more >>
9 January 2019 - If you missed out on any of the VCT
discount offers before Christmas, never fear, two new VCT
offers have opened-up to investors.
Read more >>
10 December 2018 - It was announced last week that Stephen
Snowdon, along with three other members of the fixed income
team, have left Kames.
Read more >>
20 November 2018 - VCT fund raising has been hotting up this
month, with new offers coming thick and fast. The good news
is that we've been able to negotiate more discounts for our
clients – but hurry: some expire at the end of November:
Read more >>
12 November 2018 - Founded as the Bank of Montreal some 200
years ago, BMO Global Asset Management is the eighth largest
bank (by assets) in North America, and provides a broad
range of financial services to more than 12 million
customers. It acquired F&C in 2014.
Read more >>
9 November 2018 - Last week, Junior
ISAs turned seven – marking a
significant milestone for this tax-efficient savings wrapper
for children.
Read more >>
We are pleased to confirm that Pembroke have a new share
offer opening. Pembroke are who are seeking to raise £20
million, with an over-allotment facility for an additional
£20million. Click here for our independent Chelsea research
note.
Read more >>
9 October 2018 - The October edition of our Viewpoint
magazine is out now.
Read more >>
9 October 2018 - VCT fundraising last year was the second
highest on record and this year is set to be just as big,
according to Will Fraser-Allen, deputy managing partner at
Albion Capital.
Read more >>
1 October 2018 - With a career spanning 40 years, Ian
Spreadbury, manager of Fidelity Extra Income, Fidelity
Moneybuilder Balanced, Fidelity Moneybuilder Income and
Fidelity Strategic Bond funds has announced that he will be
retiring at the end of 2018.
Read more >>
25 September 2018 - On 29 June 2018, the single strategy
business of Old Mutual Global Investors was acquired by its
management, in partnership with private equity firm TA
Associates. From 1 October 2018, this new entity will be
rebranded Merian Global Investors. At the same time, its
funds will also be renamed.
Read more >>
17 September 2018 - Schroders has announced that Michael
Scott, manager of Schroder High Yield Opportunities fund,
which is on the Chelsea Selection, is leaving the company to
join Man GLG.
Read more >>
6 August 2018 - Rathbone Unit Trust Management Limited
('Rathbones') has proposed the merger of its Blue Chip
Income and Growth fund into the Rathbone Income fund.
Read more >>
2 August 2018 - The Bank of England increased interest
rates today for just the second time in a decade. The
Monetary Policy Committee (MPC) voted to increase the base
rate from 0.50% to 0.75%, marking the first move away from
'emergency' levels.
Read more >>
18 June 2018 - M&G has announced that Matthew Vaight,
manager of the M&G Global Emerging Markets fund, which has
been on the Chelsea Selection since September 2012, will
leave the company towards the end of 2018 to pursue
interests outside of the asset management industry.
Read more >>
31 May 2018 - BMO Asset Management has announced that Tom
Wilson, manager of the F&C UK Mid Cap fund, has resigned and
will be leaving the company.
Read more >>
30 April 2018 - AXA Framlington have announced that, after
16 years at the helm of the AXA Framlington UK Select
Opportunities fund, and an asset management career spanning
almost four decades, Nigel Thomas is to retire in March next
year. Chris St John will be come lead manager on the fund at
the end of 2018.
Read more >>
17 April 2018 - The news today that wage growth is starting
to overtake inflation is important for investors. Business
margins in the UK have been relatively strong over the past
five to 10 years. However, it's important to remember that
the labour market is tight at the moment, and one of the
biggest costs for businesses tends to be labour. If the cost
of employment rises, this could hurt these margins.
Read more >>
12 April 2018 - Baillie Gifford has announced that, on 1
May 2018, it is changing the name of the Baillie Gifford
Corporate Bond fund, which is on the Chelsea Core Selection,
to Baillie Gifford Strategic Bond fund.
Read more >>
26 March 2018 – Human nature often leads us to leave
things until the very last minute and ISA investments are no
exception.
Read more >>
23 March 2018 – M&G has announced that, subject to
shareholder approval, they plan to merge the M&G Global
Leaders fund into the M&G Global Themes fund. If approved,
the merger will take place on 25 May 2018.
Read more >>
14 March 2018 - From 6 April 2018, the Dividend Allowance
will drop from £5,000 to £2,000.
Read more >>
14 February 2018 - Columbia Threadneedle Investments has
announced that Don Jordison, managing director of
Threadneedle Property Investments, and co-manager of the
Threadneedle UK Property Authorised Investment Fund, is to
retire on 1 May 2018.
Read more >>
7 February 2018 - River & Mercantile announced this morning
that Philip Rodrigs, manager of R&M UK Equity Smaller
Companies and R&M UK Dynamic Equity funds, has left the
company following an investigation into a professional
conduct issue.
Read more >>
1 February 2018 - Aviva Investors is winding up its Asia
Pacific Property fund, having sold all eight of its
holdings.
Read more >>
9 January 2018 - Richard Penny, manager of L&G UK Special
Situations, has resigned from the company and will be moving
to CRUX Asset Management.
Read more >>
8 January 2018 - Five years after soft-closing the fund,
Stewart Investors has announced it is re-opening the Stewart
Investors Indian Subcontinent fund to new investors.
Read more >>
In recent years we have made some important changes to the
way our platform works, with the move to commission-free
share classes and an overall reduction in investment costs.
Read more >>
7 December 2017 - It hasn't been a good year for Neil
Woodford. He has faced setbacks from disappointing stocks
such as Allied Minds, AA , AstraZeneca, Babcock and
Purplebricks and, in the
summer,
doorstep lender Provident Financial fell by 70% on the news
that its chief executive had resigned.
Read more >>
22 November 2017 - What the Autumn Budget 2017 means for
your savings and investments
Read more >>
15 November 2017 - As of 20 November, an exclusive
lower-cost share class of the Evenlode Global Income will be
available to Chelsea investors.
Read more >>
8 November 2017 - Following the completion of the merger of
Janus Capital and Henderson Global Investors at the end of
May, the combined company, Janus Henderson, has now
announced that it will be renaming all of its funds from
Henderson to Janus Henderson from 15 December 2017.
Read more >>
Schroder launches investIQ tool to help people understand
their investment personality.
Read more >>
2 November 2017 - Commenting on today's interest rate rise,
Darius McDermott, managing director of Chelsea Financial
Services, said: “This was the right move from the Bank of
England. In hindsight, the reduction to 0.25% after the
Brexit vote was probably a mistake – an overreaction.
Read more >>
23 October 2017 - Since Junior ISAs were introduced on 1
November 2011, just under £3.45bn worth of savings have
been put aside for more than 2.8 million children*.
Read more >>
5 October 2017 - Fundsmith Equity has replaced JOHCM Global
Select and Fidelity American Special Situations has replaced
Legg Mason Clearbridge US Aggressive Growth in the
Aggressive EasyISA.
Read more >>
5 September 2017 - Baillie Gifford plans to cut investment
management fees across 20 equity funds.
Read more >>
4 September 2017 – Low interest
rates
and the introduction of the personal savings allowance have
both contributed to a £20 billion* fall in the amount being
deposited into cash ISAs. At the same time, inflows into
investment ISAs has hit a record high, suggesting that
savers are looking for potentially higher returns.
Read more >>
23 August 2017 – All fund managers have difficult periods
in their careers and Neil Woodford is no exception. Having
refused to buy technology stocks in the late nineties, and
avoided banks in 2006, he has experienced periods of
under-performance and his skills have been questioned
before. However, his judgement has been correct more often
than not and, over his 30 years in fund management, he has
made a lot of money for investors.
Read more >>
21 August 2017 – According to the latest Janus Henderson
Global Dividend Index, global dividends hit an all-time
quarterly record in June, with total payouts increasing 5.4%
year-on-year to reach $447.5 billion. This is the fastest
rate of growth since 2015 and good news for income-seeking
investors, especially as the forecast for 2017 has now been
upgraded to $1.208 trillion.
Read more >>
11 August 2017 – Liontrust Asset Management has announced
that David Roberts, currently the head of fixed income at
Kames Capital, and Phil Milburn, head of investment strategy
of the same team, will be joining the company in early 2018.
Read more >>
21 June 2017 – Following the news that Vincent Devlin is
relinquishing his fund management responsibilities, Chelsea
has decided to remove both BlackRock Continental European &
BlackRock European Absolute Alpha from the Chelsea
Selection.
Read more >>
9th June 2017 - First State Investments has announced that
Todd Warren will take over the leadership of the Global
Resources team from Dr Joanne Warner when she retires on 1
July 2017.
Read more >>
5th June 2017 – CF Woodford Equity Income celebrated its
third anniversary on Friday by being the best performing
fund in its sector over the three years.
Read more >>
Paul Marriage and John Warren, managers of the Schroder UK
Dynamic Smaller Companies fund, announced today they will
leave the firm in the fourth quarter of this year to launch
their own boutique business.
Read more >>
24th May 2017 – Old Mutual Global Investors has announced
that it has closed the Old Mutual UK Dynamic Equity fund to
new investments with immediate effect.
Read more >>
8th May 2017 – Wood Street Microcap fund has had a name
change and, from today, has become CF Livingbridge UK Micro
Cap.
Read more >>
6th April 2017 – Today marks the beginning of a new tax
year and early-bird investors will be thinking about making
the most of the new increased tax allowances.
Read more >>
The UK Equity Income sector is once again the most popular
sector amongst our clients this year*, attracting 15% of
sales so far this ISA season.
Read more >>
15th March 2017 – After more than a quarter of century
managing money, John Woods, manager of JOHCM UK
Opportunities, has announced that he will be retiring at the
end of September.
Read more >>
9th March 2017 - In a welcome move, which will result in
more clarity for investors when comparing income-producing
UK equity funds, the trade body that represents UK
investment managers, the Investment Association (IA), has
announced that the yield requirement for the UK Equity
Income sector will be reduced.
Read more >>
8th March 2017 - The end of tax year deadlines for ISA and
Junior ISA investments are as follows:
Read more >>
8th March 2017 - Find out what the Chancellor said today
Read more >>
2nd March 2017 - Schroders has announced that, subject to
regulatory approval, it will be expanding its Maximiser
Income range in the coming weeks, with the launch of a US
version.
Read more >>
15th February 2017 - Alastair Gunn has been appointed fund
manager of the Jupiter Growth & Income fund.
Read more >>
3rd February 2017 - Polar Capital's long-anticipated UK
Value fund was finally launched this week and is now
available on the Chelsea FundStore.
Read more >>
25th January 2017 – Invesco Perpetual has announced that
it is closing its investment trust service on 13 April 2017.
Read more >>
11th January 2017 - Schroder Monthly Income fund is
changing its name and investment objective. From 17th
February 2017 the name will change to Schroder High Yield
Opportunities and the investment objective will include
capital growth (though the key focus is still income).
Read more >>
15th December 2016 - Dealing in the Aviva Investors
Property Trust resumes today. The fund, along with a number
of other commercial property funds, had its dealing
suspended in
July, when Brexit fears caused a large number of outflows
from the sector.
Read more >>
12th December 2016 - M&G has announced that it is winding
up its High Income Investment Trust on 17 March 2017.
Existing investors, holding the fund within an ISA wrapper,
have been given a number of options from M&G:
Read more >>
7th December 2016 – Baillie Gifford Corporate Bond has
replaced the Man GLG Strategic Corporate Bond fund in the
Chelsea Cautious Growth EasyISA and on the Chelsea Core
Selection.
Read more >>
1st December 2016 - Fidelity International has launched a
new short dated corporate bond fund, run by Sajiv Vaid and
Ian Spreadbury.
Read more >>
23rd November 2016 – So the autumn statement and the
spring budget are henceforth abolished, to be replaced by a
spring statement and an autumn budget. Once you've got that
straight, we've summarised the remaining key news points you
need to know about below.
Read more >>
17th November 2016 - Invesco Perpetual's co-heads of fixed
interest, Paul Causer and Paul Read, are handing over the
management of four of their funds.
Read more >>
Just over a year ago, we highlighted a new investment
opportunity to our clients: the launch of CRUX European
fund.
It was subsequently added to the Chelsea Selection in March
this year.
Read more >>
7th November 2016 - M&G Investments has announced that,
from 1st January 2017, Sam Ford will be the new manager of
the M&G UK Select fund.
Read more >>
1st November 2016 – Today marks the fifth anniversary of
the Junior ISA. Since launch, our Junior EasyISAs have
returned between 48%-69%*, and have turned a £50 monthly
regular saving into a pot of between £3,300 and £3,700.
Not a bad start for a child just beginning school, I'm sure
you'll agree!
Read more >>
27th October 2016 – Troy Asset Management has announced
the launch of a Global Income fund, which will be available
on the Chelsea FundStore from 1st November 2016.
Read more >>
18th October 2016 - HM Treasury announced today that it
will not go forward with plans to introduce a secondary
annuity market.
Read more >>
13th October 2016 – Jupiter and M&G are changing the names
of two funds.
Read more >>
4th October 2016 – Following the announcement last week
that James Hackman, manager of the Neptune US Income fund
has resigned, the fund has been removed from the Chelsea
Selection and will be replaced in the Global Income EasyISA
by Guinness Global Equity Income.
Read more >>
22nd September 2016 - At the beginning of July, a number
of commercial property funds were forced to suspend
trading, when
concerns about the UK economy caused investors to redeem
their holdings in the these funds in large numbers, in the
days following the EU referendum.
Read more >>
12th September 2016 - Investors following the St Leger's
day adage - i.e. selling their UK equity holdings in May -
could have missed out on gains of almost 10% this year*.
Read more >>
8th September 2016 –
FundCalibre, Chelsea's sister
company and online Fund Ratings business, has been nominated
in the 'Best Ratings and Research Service' award category of
Investment Week's inaugural Investment Research Awards on
4th October 2016.
Read more >>
1st September 2016 – Between 10th and 15th September, a
number of Artemis employees will take part in an 'office to
office' cycle ride to raise money for Children with Cancer
UK, the leading
national children's charity dedicated to the cause.
Read more >>
18th August 2016 - Following a recent investment committee
meeting, the directors of FundCalibre, Chelsea's sister
company, have awarded six new funds an Elite Rating,
bringing the total number of Elite Rated funds to 137.
Read more >>
4th August 2016 - Commenting on the interest rate cut and
new quantitative easing, Darius McDermott, managing director
of Chelsea, said:
Read more >>
27th July 2016 – Schroder has announced that, from Monday
1st August 2016, the Schroder Global Real Estate fund will
be renamed Schroder Global Cities Real Estate.
Read more >>
21st July 2016 – Standard Life Investments has announced
that it is shutting the Emerging Market Debt Unconstrained
fund.
Read more >>
13th July 2016 - No fewer than seven funds on the Chelsea
Selection were named best in their sector in the Fund
Manager of the Year Awards at the Royal Albert Hall last
week.
Read more >>
6th July 2016 – The Chelsea research team has replaced the
Henderson UK Property fund in the Cautious and Income
EasyISAs.
Read more >>
4th July 2016 – Following a significant increase in the
number of investors redeeming their holdings, Standard Life
Investments has suspended trading on its UK Real Estate
fund.
Read more >>
30th June 2016 – Franklin Templeton is to reduce the fund
management charges on three of its UK equity funds.
Read more >>
23rd June 2016 - Pensions Policy Institute research shows
challenges of unintegrated long-term savings system
Read more >>
7th June 2016 - Zoe Kan promoted to lead manager of Newton
Asian Income
Read more >>
31st May 2016 – Standard Life Investments have announced
Fraser Duff will replace David Ennett as lead manager on
both the Higher Income and the European High Yield funds,
effective immediately.
Read more >>
26th May 2016 - Neptune Asset Management have today
announced James Hackman has taken over the management of
their US Opportunities fund.
Read more >>
26th May 2016 – Jupiter Asset Management have today
announced Dan Carter has been appointed lead manager of the
Jupiter Japan Income fund, with immediate effect. Current
lead manager Simon Somerville will be leaving Jupiter after
11 years.
Read more >>
26th May 2016 - Newton Investment Management has announced
that it is reducing the yield target on its Asian Income
fund.
Read more >>
19th May 2016 - Miton appoints ex-EdenTree manager to run UK
Value Opportunities fund
Read more >>
17th May 2016 – Evenlode Income, which is on the Chelsea
Selection, has become the latest fund to fall foul of the
Investment Association yield requirements for the UK Equity
Income sector.
Read more >>
11th May 2016 - Henderson Global Investors has made a couple
of changes to its UK Property Trust.
Read more >>
5th May 2016 – Columbia Threadneedle announced today that
Leigh Harrison, head of equities for Europe and co-manager
of the Threadneedle UK Equity Alpha Income fund, which is on
the Chelsea Core Selection, will retire on 30th June 2016.
Read more >>
28th April 2016 – Following an extraordinary general
meeting, which took place on 6th April 2016, Fidelity have
announced that shareholders approved the merger of the
Fidelity UK Growth fund into the Fidelity UK Select fund.
Read more >>
20th April 2016 - Allianz Global Investors has announed
that, subject to shareholder approval, it plans to covert
the Allianz BRIC Stars fund to a global emerging market
equity fund.
Read more >>
14th April 2016 - Following the announcement last week that
George Godber and Georgina Hamilton, managers of the Miton
UK Value Opportunities and Miton Undervalued Assets funds,
had handed in their resignation at Miton, it has now been
confirmed that they will be moving to Polar Capital, the
boutique asset management house.
Read more >>
7th April 2016 - George Godber and Georgina Hamilton,
managers of the Miton UK Value Opportunities and Miton
Undervalued Assets funds, have handed in their resignation
at Miton. Their notice periods are one year and six months
respectively.
Read more >>
4th April 2016 - Phoenix Fund Services (UK) Limited (PFS),
the Authorised Corporate Director (ACD) for a number of
funds, was purchased by Maitland International Holdings Plc
in April 2015.
Read more >>
Get your child, grand child or maybe even god child off to a
good start by investing in a Junior ISA on their behalf. You
can invest up to £4,080 in the 2015/16 tax year.
Read more >>
If you're stuck for ideas on where to invest in the final
few days of the 2016 ISA season, we've taken a look at our
10 most popular growth funds this year*.
Read more >>
16th March 2016 - Among a raft of smaller changes, including
an increase to the annual ISA allowance, George Osborne,
Chancellor of the Exchequer, announced an unexpected boon to
young investors with a new Lifetime ISA. We have outlined
details of the main changes that will impact your savings,
investments and pensions:
Read more >>
9th March 2016 - Liontrust UK Micro Cap fund has launched on
the Chelsea FundStore today. Managed by the team behind the
highly successful Liontrust Special Situations fund, this
new fund will invest in companies with a market
capitalisation of less than £150 million at the point of
purchase.
Read more >>
3rd March 2016 - From 6th April 2016, Fidelity will no
longer be accepting new investments or switches into the
Fidelity UK Smaller Companies fund.
Read more >>
2nd March 2016 - First State Greater China Growth fund has
re-opened to new investments. The fund, run by Martin Lau, a
senior member of the famed First State Stewart Asia team,
has consistently delivered outperformance and demand for the
fund was so fierce that it was closed to new investments for
four years.
Read more >>
22nd February 2016 – Richard Marwood, co-manager of AXA
Investment Manager's range of Distribution funds, has
decided to leave the company and join Royal London Asset
Management.
Read more >>
17th February 2016 – Lindsell Train Global Equity and
Lindsell Train Japanese Equity will be available on the
Chelsea FundStore from 25th February 2016.
Read more >>
15th February 2016 – Jupiter is launching an Asian Income
fund, which will be managed by Jason Pidcock, former manager
of Newton Asian Income.
Read more >>
4th February 2016 - As announced in June last year, Tim
Steer, manager of Artemis UK Growth fund retired at the end
of December and Ed Legget, who previously managed the
Standard Life Investments UK Equity Unconstrained fund, has
taken over the reigns.
Read more >>
29th January 2016 - Fidelity South East Asia fund will have
its name changed to Fidelity Asia on 23rd March 2016.
Read more >>
19th January 2016 - Hargreave Hale AIM Venture Capital
Trusts (VCTs) 1 & 2 have opened for investments in both the
current tax year (2015/2016) and the 2016/2017 tax year.
Read more >>
11th January 2016 - River & Mercantile (R&M) has given
Philip Rodrigs a second fund to manage. The smaller
companies specialist, who already runs the R&M UK Equity
Smaller Companies fund, which is on the Chelsea Selection,
is to take on the rebranded R&M UK Dynamic Equity fund,
which invests in UK companies of all sizes, from Dan
Hanbury.
Read more >>
4th January 2016 - Kames Capital is to strengthen the
management team of the Kames Strategic Bond and Kames
Strategic Global Bond funds, with the appointment of two
co-managers.
Read more >>
23rd December 2015 - Schroder are seeking shareholder
approval to merge the £29m Schroder Japan Alpha Plus fund
with the £2.1bn Elite Rated Schroder Tokyo fund.
Read more >>
16th December 2015 - The US Federal Reserve (the ‘Fed’)
has raised interest rates for the first time in nearly a
decade. In a widely anticipated move, the Federal Open
Market Committee (FOMC) voted unanimously to raise the cost
of borrowing by 0.25%, ‘marking the end of an
extraordinary seven-year period’ in the words of Janet
Yellen, the Fed Chair.
Read more >>
15th December 2015 - Newton have announced that, with
immediate effect, Nick Clay, alternate manager on the Newton
Global Income fund, will take on the role of lead manager.
James Harries, who was lead manager on the fund since its
launch 10 years ago, has resigned and will be joining Troy
Asset Management in 2016.
Read more >>
14th December 2015 - M&G Investments has promoted director
of global equities, Jamie Horvat, to lead manager on their
Global Basics fund. Current manager, Randeep Somel, will
continue to work alongside him.
Read more >>
11th December 2015 - As Christmas draws ever closer, we
thought you might like to know what our opening hours are
over the festive period:
Read more >>
10th December 2015 - Baronsmead has announced that, subject
to shareholder approval, they are planning to merge their
VCTs 3 and 4 in February next year.
Read more >>
25th November 2015 - What the 2015 Autumn Statement means
for your investments and pensions
Read more >>
19th November 2015 - Man GLG have informed us that they are
closing their Technology fund on 10th December 2015,
following the fund managers' departure.
Read more >>
9th November 2015 - Following substantial changes to the
lead managers on Stewart Investors (previous branded First
State) Asia Pacific Leaders fund, it has been removed from
the Chelsea Core Selection and Aggressive EasyISA.
Read more >>
5th November 2015 - This month marks the fourth anniversary
of the Junior ISA. Since launch, our Junior EasyISAs have
returned up to 37.95%*, and have turned a £50 monthly
regular saving into a pot of £2,457. Not a bad start for a
pre-schooler, I'm sure you'll agree.
Read more >>
29th October 2015 - M&G Investments has announced that it is
changing the name of five of its equity funds. Four of the
funds will have the word 'Select' added to their titles, to
better reflect their invest process, whereby the portfolios
may be invested in a concentrated number of stocks at any
time. The investment process remains unchanged.
Read more >>
22nd October 2015 - In March, we informed you that First
State Stewart, the team that runs First State Investments'
GEM, Asia and global equity mandates, was to be split into
two investment teams on 1st July 2015; one based in
Edinburgh (Stewart Investors), and the other in Hong Kong
(First State Stewart Asia). First State believed that, by
forming two smaller investment divisions, both teams would
get greater flexibility.
Read more >>
1st October 2015 - Columbia Threadneedle has announced that,
as of today, Richard Colwell, previously co-manager of the
UK Equity Income fund, will become lead manager and Leigh
Harrison will become deputy manager. The pair have
co-managed the fund since 2010.
Read more >>
24th September 2015 - Allianz Global Investors announced
today that they have hired Mike Riddell.
Read more >>
24th September 2015 - Following our news release on 12th
August 2015 regarding Richard Buxton taking over as CEO of
Old Mutual Global Investors, we had a meeting with him to
discuss how he was getting along in his dual role as both
CEO and fund manager of the Elite Rated Old Mutual UK Alpha
fund.
Read more >>
14th September 2015 - Investec UK Alpha and Rathbone Ethical
Bond have been awarded an Elite Rating from FundCalibre.
Read more >>
9th September 2015 - Legal & General Investment Management
(LGIM) has announced that Chad Rakvin will succeed Ali
Toutounchi as Global Head of Index Funds.
Read more >>
8th September 2015 - Stephen Pearson, who joined Jupiter as
a European equities manager in 2001, has been promoted to
Chief Investment Officer.
Read more >>
1st September 2015 - Five funds from Matthews Asia are now
available to buy on the Chelsea FundStore:
Read more >>
27th August 2015 - Kames Capital plc have, this week,
written to holders of its High Yield Bond fund income share
class to let them know that the usual monthly distribution
for the month of July will not be paid in August.
Read more >>
19th August 2015 – Fidelity have announced that, from 1st
September 2015, Aditya Khowala will take on the management
of the Fidelity American fund.
Read more >>
18th August 2015 - Fund Management company GLG has rebranded
its range of 12 UK funds. As of today, the fund names will
be changed from 'GLG' to 'Man GLG' to be more in keeping
with its parent company, Man Group.
Read more >>
12th August 2015 - Old Mutual Global Investors have
announced that, with immediate effect, Julian Ide is
stepping down from his role as CEO and has been replaced by
Richard Buxton, manager of the Elite Rated Old Mutual UK
Alpha fund, which is on the Chelsea Core Selection.
Read more >>
4th August 2015 – Hermes Investment Management has soft
closed it's Elite Rated Asia ex-Japan Equity fund.
Read more >>
22 July 2015 - Richard Plackett, co-manager of the BlackRock
UK Special Situations fund, has announced that he will
retire from fund management at the end of 2015.
Read more >>
22 July 2015 - As at noon on 20th July 2015, trading in the
£160m Aviva Asia Pacific Property fund has been suspended.
Read more >>
16 July 2015 - The Elite Rated Schroder Income fund has been
moved into the UK All Companies sector after failing to meet
the Investment Association yield requirements of the UK
Equity Income sector. Invesco Perpetual's High Income and
Income funds suffered a similar fate last year.
Read more >>
9 July 2015 – The Financial Services Compensation Scheme
(FSCS) has announced that the amount of money covered by
their bank deposit protection will be reduced next year.
Read more >>
7 July 2015 – Giles Parkinson, assistant on the Artemis
Strategic Assets fund, has resigned after five years with
the company.
Read more >>
6 July 2015 - From today, Ecclesiastical Investment
Management will be known as EdenTree Investment Management.
Read more >>
1 July 2015 – Following confirmation of unit holder
approval at an Extraordinary General Meeting (EGM) on Friday
26 June, Jupiter has announced that Jupiter Undervalued
Assets will be merged into the Elite Rated Jupiter UK Growth
fund on Friday 3 July 2015.
Read more >>
23 June 2015 - Ed Legget, manager of SLI UK Equity
Unconstrained fund, has announced his resignation from the
company. As a result, the fund has been removed from the
Chelsea Selection.
Read more >>
17th June 2015 – Woodford Equity Income fund has beaten
all its peers in the year since it was launched.
Read more >>
15 June 2015 – Rathbone Unit Trust Management has reduced
the annual management charge of the Elite Rated Strategic
Growth Portfolio from 0.75% to 0.5%.
Read more >>
11 June 2015 - At the end of April 2015, Sajiv Vaid, lead
manager of the Elite Rated Royal London Corporate Bond fund,
announced that he would be leaving the company to join
Fidelity Worldwide Investments.
Read more >>
10 June 2015 - In his Autumn Statement in December 2014, the
Chancellor of the Exchequer, George Osborne, announced a new
benefit for ISA investors: money held within an ISA wrapper
can now be passed on to a spouse or civil partner, without
losing the tax advantages.
Read more >>
9 June 2015 – M&G American has been given a new name,
manager and investment strategy. Now called M&G North
American Dividend, and run by John Weavers, the fund will
now focus on income as well as growth to maximise long-term
total returns.
Read more >>
8 June 2015 – Having gained shareholder approval,
Henderson European Special Situations fund has now been
merged with the newly-launched FP Crux European Special
Situations fund.
Read more >>
4 June 2015 – After careful deliberation, we have decided
to replace Newton Asian Income with Elite Rated Schroder
Asian Income in the Chelsea Balanced Junior EasyISA.
Read more >>
3rd June 2015 - An alternative to the Marlborough Nano-Cap
Growth fund, this fund has been run by Judith Mackenzie
since 2011, but remains very small with less than £40m
assets under management.
Read more >>
21 May 2015 - Following the resignation of Jason Pidcock
from Newton, and the announcement that he will be moving to
Jupiter Asset Management, Chelsea has removed the Newton
Asian Income fund from both the Core Selection and the
balanced Junior EasyISA.
Read more >>
20 May 2015 - Last month, the UK Consumer Prices Index
(CPI) inflation turned negative for the first time since
official records began in 1996 and the first time since
1960, based on comparable historic estimates.
Read more >>
14 May 2015 - Managed by Hutch Vernon and his co-manager,
Mike Foss, the unconstrained, multi-cap Brown Advisory US
Flexible Equity fund was launched in the UK in 2014, Its
strategy is based on a parallel fund, managed by the duo for
more than 20 years in the United States. They are supported
by a team of 21 analysts and fund managers.
Read more >>
7 May 2015 - Fidelity Worldwide Investment has announced
that their UK Smaller Companies fund is to re-open to new
investments and it is once again available for investment
via the Chelsea FundStore.
Read more >>
30 April 2015 - Legg Mason is not like most global asset
management companies. It is made up of a diversified group
of global affiliates and, while their funds are branded
'Legg Mason', many are actually run by wholly-owned
subsidiaries.
Read more >>
23 April 2015 - Liontrust have recruited a third fund
manager, Victoria Bates, for their Economic Advantage team.
Victoria will join Anthony Cross and Julian Fosh, managers
of Elite Rated Liontrust Special Situations fund, which is
on the Chelsea Core Selection, and Elite Rated Liontrust UK
Smaller Companies fund, in June 2015. She will work
primarily with Anthony researching, analysing and selecting
smaller companies for all the team's funds.
Read more >>
21st April 2015 - Stewart Cowley, manager of the Old Mutual
Global Strategic Bond fund, has announced that he will be
retiring from fund management. He will relinquish management
of the fund on 1st May 2015, and leave the company at the
end of June.
Read more >>
20 April 2015 - Following their acquisition of Ignis in July
2014, and the integration of the business, Standard Life
Investments has announced that the Ignis funds are to be
renamed under the new brand. The changes will take place on
18th May 2015 and are detailed in the list below.
Read more >>
17 April 2015 - Richard Pease, the manager of the Henderson
European Special Situations fund since its launch in October
2009, and James Milne, the assistant fund manager, are
leaving Henderson Global Investors to join Crux Asset
Management. When they join the company, they will become
managers of the newly-established FP Crux European Special
Situations fund.
Read more >>
7 April 2015 - AXA Framlington are currently writing to
clients, proposing the merger of their Equity Income fund
with their Monthly Income fund.
Read more >>
17 March 2015 - First State Stewart, the team that runs
First State Investments' GEM, Asia and global equity
mandates, is to be split into two investment teams; one
based in Edinburgh, lead by Angus Tulloch (Stewart
Investors) and the other in Hong Kong, lead by Martin Lau
(First State Stewart Asia). The split will take place on 1st
July 2015.
Read more >>
4 March 2015 - M&G Investments has announced that the £81
million* Global Real Estate fund will be wound-up on 22nd
May 2015.
Read more >>
25 February 2015 - Invesco Perpetual have announced that
they have promoted Asad Bhatti to deputy manager of the
Elite Rated Invesco Perpetual High Yield fund. He will join
co-heads of fixed interest, Paul Causer and Paul Read in the
management of the fund.
The promotion is in recognition of the valuable contribution
Invesco feel Asad has made to the fixed interest team over
the past decade, playing a key role in generating investment
ideas in the high yield bond space.
Read more >>
17 February 2015 - Neptune has announced that the company is
undergoing a restructure, following a disappointing few
years in terms of overall fund performance.
Read more >>
30 January 2015 - Schroders has announced that it will be
increasing the ongoing charge figure (OCF) for the Schroder
Recovery fund, in order to bring it into line with the costs
of other funds in their range. The OCF will rise from
1.51% to 1.66% on 15th February 2015.
Read more >>
28 January 2015 - In an unusually candid open letter, Stuart
Rhodes, manager of the M&G Global Dividend fund, has
apologised to his investors for the disappointing
performance of the fund in 2014.
The letter, which is available on this link, addresses the
reasons why the fund underperformed both its benchmark and
sector average in the past calendar year.
Read more >>
15th January 2015 - Last November, investors in the Old
Mutual Property Fund voted in favour of merging the Old
Mutual Property Fund with the Henderson UK Property OEIC.
This merger has resulted in the Henderson UK Property OEIC
increasing by around one sixth in size and will further
diversify the property portfolio and tenant base of the
Henderson UK Property OEIC. Henderson has undertaken due
diligence on the incoming assets and is satisfied that the
merger is in the interests of investors while independent
valuations have been undertaken on the properties to ensure
that the merger is fair for both sets of investors.
Read more >>
4 December 2014 - The Autumn statement, which was
announced yesterday, reaffirming the government's commitment
to put savers and investors at the heart of their election
pledge, boasting of a fast growing economy, exciting new ISA
rules and a change in stamp duty.
Read more >>
13 November 2014 - Chelsea Financial Services today reveals
the top-selling Junior ISA funds among its clients since the
introduction of the tax-efficient savings and investment
vehicle that encourages parents to save for their child's
future. Junior ISAs were made available to the British
public on November 1st 2011.
* *
*Chelsea Financial Services Junior ISA top ten best
sellers**
Read more >>
9 October 2014 - The changes announced in the March budget
were good news for investors, and the Savers Revolution
looks set to continue. In the March budget, chancellor
Osborne announced major reforms for defined contribution
pensions. Under the reforms, pensioners will have complete
freedom to draw down as much or as little of their pension
pot as they want, anytime they want. There are no caps or
drawdown limits.
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19 September 2014 - The FTSE has reacted positively to the
news that Scotland has voted ‘no’ to ending the 307-year
union with Britain, with Scottish shares seeing significant
rises. While the ‘yes’ camp will be disappointed, this
is generally perceived amongst fund managers to be the best
outcome for the British economy. There is nothing the
markets like less than uncertainty. And while the new
devolution powers have yet to be thrashed out, the message
of unity is a positive one for markets and the UK economy.
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9 September 2014 - The last week has seen two high profile
managers leave their jobs: Simon Brazier and Julie Dean.
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3 September 2014 - Standard Life completed its deal to buy
Ignis Asset Management on 1st July 2014, and the process of
integrating the two businesses has now begun.
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12 August 2014 - Fidelity has written to shareholders in the
Fidelity International fund, proposing to merge the fund
with the Fidelity Open World fund. Votes should be received
no later than 11am on 6th October 2014 and, if the vote is
in favour of the merger, it will take place on 28th November
2014.
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8 August 2014 - M&G have announced that Gillian Tiltman,
manager of the M&G Global Real Estate Securities fund, has
resigned. Tiltman is leaving the company and moving to
another fund management company, although where she is going
is yet to be confirmed.
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1 August 2014 - Henderson Global Investors have written to
shareholders in the Henderson UK Property Trust, proposing
that they change the fund structure from a Unit Trust to an
OEIC, before eventually converting the fund to a PAIF
structure.
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15 July 2014 - Over the past eight years, Schroders has
partnered with EII Capital Management Inc, in the running of
the Schroder Global Property Securities fund. Both parties
have now decided that this partnership has come to a natural
end and, in future, Schroders will use its in-house
expertise to manage the fund alone.
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3 July 2014 - M&G have announced that they will be changing
the name of the High Yield Corporate Bond fund. From 8th
August 2014, the fund will be called M&G Global High Yield
Bond.
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24 June 2014 - ISAs have been around for 15 years now, and
any tweaks to the tax wrapper during this time have
generally been disadvantageous. The 2014 Budget finally
reversed that trend and, having firmly moved the burden of
responsibility for providing for our own retirement onto the
individual, the government is finally trusting us to manage
our money.
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17 June 2014 - Martin Gray, manager of the Miton Special
Situations Portfolio, has resigned from the company after 20
years. As a result, the fund has been taken off the Chelsea
Core Selection and has been replaced in the Cautious Growth
EasyISA Portfolio by Henderson UK Property.
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13 June 2014 - It is with extreme sadness that we share the
news that Unicorn Asset Management's John McClure has passed
away.
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12 June 2014 - No fewer than seven funds which featured in
the Chelsea RedZone earlier this year, have had a change of
manager.
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6 June 2014 - In the annual review of the FTSE All Share
constituents, it has been announced that Liontrust Asset
Management plc will re-enter the index for the first time
since 2008.
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19 May 2014 - Invesco Perpetual are launching a Global
Distribution fund for retail investors.
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6 May 2014 - Polar Capital Holdings plc, the specialist
investment manager, which was founded in 2001, has added
thirteen of its funds to the Chelsea FundStore.
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22 April 2014 - Richard Hodges, manager of the L&G Dynamic
Bond Trust, has today announced his resignation from the
firm.
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7 April 2014 - River & Mercantile has added eight of its
funds to the Chelsea FundStore. Three Global Equity and five
UK Equity funds are now available to Chelsea's customers.
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24 March 2014 - Following their acquisition of Cazenove in
July 2013, Schroders has today renamed all the Cazenove
funds. See all the changes here.
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24 March 2014 - The start of the next tax year marks the
15th anniversary of the ISA wrapper. It started its life
under a bit of a cloud as the maximum allowance was lower
than its predecessor, the PEP, and, over the years, some of
its tax advantages have been cut.
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21 March 2014 - Human nature often leads us to leave things
until the very last minute and ISA investments are no
exception.
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20 March 2014 - Newton Investment Management has replaced
Richard Wilmot on its struggling UK Higher Income fund. The
new manager will be Christopher Metcalfe, who currently runs
the group's Managed fund.
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19 March 2014 - Today, the Chancellor George Osborne
announced his review of the state of government finances. He
promised that, after five punishing years of low interest
rates, 'Support for savers would be at the centre of this
Budget'. He didn't disappoint.
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11 March 2014 - GAM Fund Management Ltd has said that it
will soft-close the Star China Equity fund, managed by
Michael Lai, once it reaches £1.56bn.
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10 March 2014 - Ignis Asset Management is to close two
underperforming equity funds, both of which appeared in the
latest Chelsea RedZone. The UK Enhanced Income and Ignis UK
Focus funds will be closed on 7th April 2014, subject to
regulatory and shareholder approval.
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6 March 2014 - Invesco Perpetual have announced that Mark
Barnett will take on the management of the Invesco Perpetual
High Income and Income funds with immediate effect – eight
weeks ahead of the original end-April start date.
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4 March 2014 - Having had ultra-low interest rates for five
years now, and the Governor of the Bank of England
signalling that they will remain at their ultra-low level
until after next year's election, we look at how taking on
more risk would have rewarded savers in this time.
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