Fresh evidence has emerged that many investors are chucking their money away on fees for actively-managed UK investment funds that fail to beat the main market index.
The FTSE 100 lost 0.61 point, less than 0.1 percent, to 6,755.02 at 8:34 a.m. in London. The gauge has still gained 15 percent so far this year, boosted by central-bank stimulus.
U.K. stocks declined, even as the FTSE 100 (UKX) and FTSE All-Share Indexes both posted their longest- ever streaks of monthly gains, as mining companies fell and a report showed U.S.
Combined with the sharp rally in markets in the first quarter of the year, the slowing dividend growth meant that the yield on the FTSE All-Share index fell from 4.5 per cent at the end of December 2012 to 4 per cent at the end of March 2013. Nick ...
... with an outflow of �880m from the UK All Companies sector. But all-cap funds have proven more adept at beating their benchmarks over the past year; the sector average return of 17.7% comparing favourably with a 16.8% total return for the FTSE All ...
The FTSE 100 added 32.57 points, or 0.5 percent, to 6,755.63 at the close in London. The gauge climbed 1.5 percent last week and has surged 15 percent so far this year, boosted by central-bank stimulus.
IMA UK All Companies, 106.08, 4.21. FTSE All-Share, 103.04, 0. Shows the top 10 performing active funds in IMA UK All Companies sector, versus the sector average and the FTSE All-Share over the period 1 May 2003 to 1 May 2007. Source: FE ...
Topics: Neil woodford | Uk equity income | Astrazeneca. woodford. Tweet. Invesco Perpetual's Neil Woodford has suggested the FTSE All Share's bright start to 2013 could soon be derailed as the rally has not been driven by an improvement in fundamentals.
Manifest said that the level of dissent - a no or witheld vote - at Chime's AGM is the highest on remuneration issues in the FTSE All-Share, the top 700 companies in the UK, this year. Chime may have angered shareholders by breaking its own corporate ...
All-time highs for the FTSE all-share index are finally within sight as markets have recovered the ground lost during the world financial crisis of 2008.
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