Schroder UK Alpha Plus A Income Units
HL comment
Our view on this Fund
We may not be out of the woods yet, but Richard Buxton believes the government’s intervention to address the banking problems should help markets. While he expects many companies to downgrade their earnings for next year, there are still areas of strength like the industrial, consumer services and technology sectors on a two to three year view. Performance has been lacklustre in the short term, but the long term strategy remains sound in our view.
12-11-2008
Information from the fund manager
Please note: The information in this box has been provided by, and is issued by, the fund manager and not Hargreaves Lansdown.
HL group comment: Schroder
Our view on this Fund Management Group as a whole
Schroders is a member of the FTSE 100 Index and it focuses almost entirely on investment management for institutional, retail and private client accounts. Schroders offers a comprehensive range of products across all asset classes, including equities, fixed income and alternative investments. The company has approximately £137.6 billion of assets under management employing a wealth of talent of over 150 fund managers who draw on the detailed stock analysis from the group's analysts worldwide.
13-09-2007
HL sector comment: UK All Companies
Our view on this sector
The effects of the credit crunch have finally filtered into the real economy, despite this (and because of the high oil price for most of the year) BP recently posted record profits and a large dividend increase. Elsewhere the FTSE has been suffering huge volatility as banks and latterly mining companies have taken large tumbles. Recent Government intervention in the banking sector should hopefully unfreeze the plumbing in the financial world and provide the wider economy the chance to pull out of a recession.
20-11-2008