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What Investment back issues
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An ill wind.(Comment--the bigger picture)
June 1, 2007... 'Another month, another rate rise. Interest rates show no sign of receding--indeed, there was another base rate rise at the beginning of May--and inflation continues to hold the Bank of England's Monetary Policy Committee in its thrall. The Consumer Price Index is at its highest ever level,...
Dividends grow by six per cent.(June news)
June 1, 2007... Investors in FTSE 100 companies have benefited from increased dividends across the market, according to M&G.
Research by the fund management firm showed 97 per cent of FTSE 100 companies reporting during this quarter increased their dividend payments to shareholders. M&G calculated growth...
Fidelity names Shah as Bolton's successor.(News Round-up)
June 1, 2007... Fidelity has confirmed that Sanjeev Shah will take over its flagship Special Situations Fund from Anthony Bolton at the end of 2007.
Shah will succeed Bolton as manager of the 3.2 billion [pounds sterling] fund at the end of this year, becoming only its second manager in 27 years. Bolton...
New international property fund.(News Round-up)
June 1, 2007... New Star Asset Management has launched an international property fund investing in established markets, such as continental Europe, Asia and the Pacific rim.
This will be the UK's first authorised, open-ended international direct commercial property fund, according to New Star. The fund...
Property returns trump UK equities.(News Round-up)
June 1, 2007... UK listed property stocks have outperformed other shares over five, ten and 20 years, research from Halifax Financial Services has shown.
Over the past five years, returns from the FTSE All-Share Real Estate Index were three times that of the FTSE 100 over the same period. A 1,000 [pounds...