Fund Round-Up: VCTs, Manager Changes and Fund Launches

April saw Jupiter's star fund manager Alexander Darwall step back, while there were new fund launches from Baillie Gifford and AllianceBernstein

Emma Simon 2 May, 2019 | 11:10AM
Facebook Twitter LinkedIn

Figures released this month show that investors’ appetite for tax efficient investments continues to grow. VCTs have enjoyed another bumper year, with money flowing into these higher-risk trusts at a record level.

Elsewhere, perhaps the biggest investment news in April was the announcement that star fund manager, Alexander Darwall, is to step back from his management role at Jupiter European, after almost 20 years. This may leave investors wondering what to do next, given how well the fund has performed under his management.

European funds were also in the news, with the announcement that AllianceBernstein was launching a range of UK-based OEICs. The first in this range will be European fund which will utilise AllianceBernstein’s skills as an ESG manager.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Baillie Gifford Rspnb Glb Eq Inc B Acc1.59 GBP1.03
Jupiter European I Acc3,455.22 GBP0.23Rating
Polar Capital Technology Ord2,422.03 GBP-0.33Rating
Scottish American Ord498.00 GBP0.00
Threadneedle European Sel Z Acc GBP3.02 GBP0.66Rating

About Author

Emma Simon

Emma Simon  is a financial journalist, specialising in investment and consumer issues, writing for