City Of London Investment Share Discussion Threads

[owenski] 15/7/2015 07:38

Looks to be an encouraging improvement to me

Div. cover going back up

[cockerhoop] 03/7/2015 16:07

Brilliant, many thanks.

[cockerhoop] 03/7/2015 09:42

Masureguy,

The link to the benchmark rate in the header no longer works (or at least not for me). Would it be possible to correct it.

Cheers

[cockerhoop] 03/7/2015 09:35

FUM at 30th June approx $4.2bn. Slightly down from $4.3bn at the end of May.

Appears to have marginally beaten benchmark (not taking into account any redemptions or new mandates)

[my retirement fund] 16/6/2015 15:38

10 years ago the 5 year was the main benchmark used for pricing medium term bonds. How things change!

[rcturner2] 16/6/2015 15:33

According to AEP in the Telegraph the 10 year rate is the main one that people look at and is supposed to be the "true" cost of money out there.

[my retirement fund] 16/6/2015 13:19

Yes but the 1 year rate looks cool and the 10 year rate is hardly going beserk is it. By all accounts these very long term rates are saying low interest rates for a very long time indeed to come, when compared to historic rates of the past 10, 20 and 30 years

[rcturner2] 16/6/2015 13:10

10 year rate is creeping up in the US.

[my retirement fund] 16/6/2015 12:44

Difficult to see a FED rise anytime soon with cheaper energies and subdues inflation and an economy growing in fits and starts and even if a raise comes round it will be small and slow.

Looks like a greek exit is a certain, I think the short term movements we are seeing is opportunist and will bounce back fairly quick. Greece less than 2% EU gdp.

Certainty certainty of the situation will take away the games the hedge funds are playing which the EU central bank has fully covered. Indeed there are probably considerable risks to those short given the ECBs mandate.

All this coupled with lower energies which are normally the largest filip to emerging markets GDP wise.

[rcturner2] 16/6/2015 10:51

Mainly dollar strength which seems to be gaining ground, especially if we get a Fed rise. US gov bond yields are rising.

Plus if we have grexit I can see that resulting in a flight to quality as people start to lose confidence in places like Turkey.

[masurenguy] 16/6/2015 10:39

"I think emerging markets are about to head into some serious turmoil."

Would you care to enlighten us why ?

[rcturner2] 16/6/2015 09:56

Just dumped mine at 350p.

I think emerging markets are about to head into some serious turmoil.

[my retirement fund] 11/6/2015 09:47

Still seems to be plenty on offer at £3.60 today.

Not sure how long that can last though.

[cockerhoop] 04/6/2015 09:10

I'm not sure anyone is suggesting that the FUM changes in May are significant.

I primarily monitor the monthly FUM table to look for evidence of any new investment mandates or redemption's. ie When there is significant variance from the MSCI Emerging Market Index.

[masurenguy] 04/6/2015 07:59

I don't think that a drop of 2% in one month is really significant, especially as the MSCI Emerging Market Index fell by circa 4% over the same period.

[aleman] 04/6/2015 07:50

Thanks, ch. I'm starting to become reliant on reading glasses and I've misplaced them. Otherwise, I should have spotted that myself!

[cockerhoop] 03/6/2015 19:09

Aleman,Table 1 has been updated for the May month end whilst Table 2 still only reflects April but has further information. ie costs etc. So for Fum Table 1 is the most up to date.

[aleman] 03/6/2015 14:59

Down in Table 1 but up in Table 2 - which is the important one for shareholders?

[my retirement fund] 03/6/2015 10:01

But up from march :)

[cockerhoop] 03/6/2015 09:20

It was $4.4bn at the end of April so slightly down on the month but in line with MSCI EM Index.

[my retirement fund] 03/6/2015 09:17

Highest fum since October 2012, steady as she goes.

[cockerhoop] 03/6/2015 08:28

FUM $4.3bn at the end of May.

[my retirement fund] 28/5/2015 11:32

Indeed and I have it on good authority the update due on the 15 July should be rather positive.