Guy de Blonay, manager of the Jupiter Financial Opportunities Fund, may be the envy of many fund managers invested in emerging markets. In 2012, his fund was 25% invested there, but de Blonay got out as soon as the US Federal Reserve hinted it might taper' its bond-buying scheme. "So far we've timed the correction in emerging markets well," he told Investors Chronicle.
Following this rout, he is now thinking about snapping up some bargains, but the timing is crucial. "The challenge is to time the return," he says. "We still have a bit of Japan and China but nothing in India, Brazil, Russia or Southern Pacific Asia. We're looking for a good entry point."
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| Axa | 2.89% |
| LSE Group | 2.82% |
| UBS | 2.81% |
| ING | 2.72% |
| Morgan Stanley | 2.65% |
| Prudential | 2.49% |
| Discover Financial Services | 2.24% |
| Schroders | 2.06% |
| Lloyds Banking Group | 2.03% |
| Sumitomo Mitsui Financial | 2.01% |
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‘Inheritance tax insurance’ enquiries are soaring – but is it worth it?Premiums for whole of life insurance can run to £5,000 a month to cover a £300,000 inheritance tax bill, with policies costing more the older you take them out.
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MPs warn over Lifetime ISAs which could leave savers out of pocketThe Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a significant part of their savings”
