The Lipper International Income Funds classification is defined as funds that state in their prospectus that they invest primarily in U.S. dollar and non-U.S. dollar debt securities of issuers located in at least three countries, excluding the United States, except in periods of market weakness, according to Lipper methodology. These funds provide investors with assets that can be beneficial to diversifying their portfolios. The Lipper Leaders Rating System is a toolkit that helps guide investors and their advisors in selecting funds that suit individual investment styles and goals. According to Refinitiv Lipper, “Each fund is ranked against its peers based

In this #FundManagerChat, Matthew Beddall, CEO of UK-based fund boutique, Havelock London, and manager of the LF Havelock Global Select Fund discusses the challenges of managing money during the unfolding Covid-19 crisis. Matthew outlines whether traditional style-biases and valuation metrics matter in the current volatility. He addresses recent performance and reveals the major considerations he is seeking in his stocks as the crisis continues. This is the quarterly newsletter referred to in this podcast can be found via this link. Running Order Run Time Topic 00:25 How difficult is it, and what challenges are you facing, managing money during this

On March 26, 2020, BNY Mellon announced that Nick Clay, one of the UK’s best known equity income fund managers will be leaving the organisation. He is leaving with a number of his team to join a competitor. Mr. Clay currently runs the £5.2 billion (as at March 26, 2020) BNY Mellon Global Income Fund. In this podcast, Ilga Haubelt, recently appointed Head of Equity Income at Newton and Jon Bell, co-fund manager of the BNY Mellon Global Income Fund, outline how they intend to mitigate the potential impact of these departures. Running Order Run Time Topic 00:40 Ilga, you

In this podcast, Shamik Dhar, Chief Economist at BNY Mellon IM outlines the potential broad economic implications of the developing Coronavirus crisis. Within the context of this unfolding “human tragedy”, Shamik considers the buy- and sell-side effects of this shock, outlines the efficacy of policy responses and assesses the potential impact the crisis might have on long-established economic theories and relationships.   Running Order Run Time Topic 00:20 How do you go about interpreting this complex human crisis in economic terms? 02:19 How do economic shocks such as this manifest themselves over different periods of time? 05:20 What are your

In this #FundManagerChat podcast, Juan Valenzuela, co-manager of the Artemis Target Return Bond Fund, introduces this recent launch from Artemis and outlines the case for fixed income securities. Juan discusses the philosophy the fund, outlines the positioning of his portfolio and shares his views on the broader economic factors that are currently influencing fixed income markets. Running Order Run Time Topic 00:20 Outline the objective of the Artemis Target Return Bond Fund 01:15 What type of investor would be attracted to this fund? 02:30 How did you set your performance target? How confident are you that you will meet it?

In this #FundManagerChat podcast, Robert Almeida, Global Investment Strategist at MFS, and lead manager of the MFS Meridian Funds-Diversified Income Fund provides a thorough overview and outlook for the state of global investment markets. Robert also outlines how he is positioned in his portfolio, where he is finding opportunities for income investors, and reveals his thoughts on some of the head and tailwinds which confront investors at the present time. Running Order Run Time Topic 00:25 What is your view on current global central bank policy and interest rates? 01:25 What is your view on inflation and inflationary expectations? 02:50

Artemis US Select Fund is a dynamic, multi-layered US equities proposition which is presided over by the highly experienced Cormac Weldon. His move to Artemis in 2014 was a coup for the firm and seems to be a good fit for the fund manager and his team, who have bedded down well in the Artemis environment. People Weldon is, rightly, a respected US equities fund manager. His background in accounting—for me, one of the best backgrounds for a fund manager—gives him the skills to navigate financial statements, which are vital for good stock picking. Furthermore, his entire career has been

In this #FundManagerChat podcast, Dr. Ian Mortimer and Matthew Page, co-manager of the Guinness Global Innovators Fund outlines how changing trends in corporate innovation are driving opportunities in the equities market. They examine the types of firms and industries which are driving intellectual change and how these themes manifest into consistent earnings as well as growth opportunities. They outline the current positioning of their portfolio, explain how they restrict their investment universe and the also provide a general outlook for the market. They also provide an overview of how ESG criteria fit into their investment process. Running Order Run Time

In this #FundManagerChat podcast, Egbert Nijmeijer from Kempen and co-manager of the Kempen Global Listed Real Estate Fund outlines the case for global listed real estate companies. Egbert provides an overview of the asset class and outlines the benefits it can bring to an investor portfolio. He discusses where he and the Kempen team are finding opportunities in global listed real estate equities and areas that he is avoiding. He also outlines how he incorporates ESG into his portfolio and how this has impacted some of his recent stock selection. Egbert also provides an outlook for the asset class outlining

In this #FundManagerChat podcast, Keith Skeoch, CEO of Standard Life Aberdeen Plc, [SLA.L] discusses the wide range of issues currently influencing its business. Keith addresses the fund outflows and performance issues outlined SLA’s recent half-year results and discusses the elements of its core business which are performing well. Keith also discusses the blend of SLA’s business and how core and other listed assets are influencing key strategic decision making. Additionally, in the interview Keith covers the subjects of fee compression, cost cutting, geopolitical risks as well as some of the key opportunities he sees for fund firms in the near

In this #FundManagerChat podcast, John Weavers, Manager of the M&G North American Dividend Fund outlines the case for U.S. equity income. John reveals the philosophy and process of underpinning his fund and explains how “Dividend Achievers” have been able to produce superior returns to the S&P 500. John also considers the types of opportunities he is finding in a market that is dominated by the noise of the China/ U.S. trade war. He explains why he currently likes the U.S. healthcare sector and the payments industry. He also shares his views on the state of U.S. corporate balance sheets and

In this #FundManagerChat podcast, Chris Sawyer, manager of the Barings Global Senior Secured Bond Fund, outlines his case for this asset class. Chris discusses how senior secured bonds differ to broader high-yield bonds and examines how their place in a company’s capital structure affects their performance characteristics. He also outlines factors influencing his regional and sector positioning and explains his portfolio composition in the current interest rate and macroeconomic environment. Chris also considers the positioning of the business and credit-default cycle and how the extra principal protection offered by secured bonds may have been overlooked by traditional high-yield investors. Running Order