A pair of Walker Crips funds run by Steve Bailey and Jan Luthman are set for a boost as major holding Hamworthy received a bid approach this morning.
Walker Crips is seeking regulator and unitholder approval to convert its entire fund range from unit trusts into OEICs.
Walker Crips managers back global franchises across portfolios as UK's prospects look increasingly gloomy.
Walker Crips managers Steve Bailey and Jan Luthman have cut exposure to gold ETFs by 20% deeming it a ‘crowded trade'.
Leading fund managers are moving to snap up ‘cheap' UK banks after a dismal year which saw them drop in value as markets raced higher.
The chairman of Walker Crips David Gelber said short-term economic uncertainty has impacted the group's trading, despite a rise in revenues, and predicted a subdued outlook for the UK.
Walker Crips managers Steve Bailey and Jan Luthman have re-introduced Barclays to their portfolios for the first time in nearly four years.