need suggestions for some reputable actively managed funds?

Prism

user1168934 said:

So, based on this rationale, are there any funds you would recommend for me?

It sounds like you are looking for one of the wealth preservation type funds which can be obtained in both trust or fund (OEIC) forms. Maybe do some reading up on Capital Gearing Trust as an example of one.

Homepage | Capital Gearing Trust Plc

Thrugelmir

user1168934 said:

Thanks for the replies folks. As several people have asked about why I am doing this, here it is.

Interest rates are rising in the UK. They are rising even faster in the US - initially US said they will start increasing in 2023 then they moved it to June 2022, now they are kind of bringing it even closer to March. There is similar news elsewhere in the world. I think the markets are quite inflated at the moment and with the interest rates rising the period of regular growth is over.

Financial stocks have been progressively rising over the past year. The rotation has been flagged for some time. Lloyds up 40% and Natwest 50%  for example. 

ChilliBob

I have a small holding in an ETF which focuses on banking/finance (there's loads out there depending on region/index tracked). Yes, this *isn't* active management, but it's making an active choice to tilt one's portfolio if that's your bag. It's done okay, it's cheap compared to a properly active fund.

Active funds wise - I'd look on Morningstar and look at the industries involved and go from there really. Then look at performance I suppose to see what it's done in the past, yes, past performance isn't a guide to future, but I'd not want to back a fund that's been Q4 for 10 years!

user1168934

ChilliBob said:

I have a small holding in an ETF which focuses on banking/finance (there's loads out there depending on region/index tracked). Yes, this *isn't* active management, but it's making an active choice to tilt one's portfolio if that's your bag. It's done okay, it's cheap compared to a properly active fund.

Active funds wise - I'd look on Morningstar and look at the industries involved and go from there really. Then look at performance I suppose to see what it's done in the past, yes, past performance isn't a guide to future, but I'd not want to back a fund that's been Q4 for 10 years!

Thanks, what ETF is that if you don't mind me asking?

ColdIron

user1168934 said:

They way to make money would be to crystallise and reinvest rather than hold. I cannot do this actively on my own so I am looking for an actively managed fund where this is done by the fund manager.

What makes you think actively managed funds will perform better than trackers? They are all fishing in the same pool

Alexland

Prism said:

Well that research doesn't really cover the type of fund we are talking about here, which is some form of capital preservation type fund. The ones in the Spiva reports are equity based funds, both single sector and global, but not multi-asset type ones.

A low cost multi asset fund such as from the L&G Multi Index series will be fairly well diversifed between asset types. Ultimately the OP is looking to reduce risk which would be likely reducing their long term returns unless they are looking to time a reentry later back to higher risk which we know can have highly variable results. It's probably better they just invest with an appropriate level of risk for their situation than try and forward read what might happen in the markets.

GeoffTF

user1168934 said:

ChilliBob said:

I have a small holding in an ETF which focuses on banking/finance (there's loads out there depending on region/index tracked). Yes, this *isn't* active management, but it's making an active choice to tilt one's portfolio if that's your bag. It's done okay, it's cheap compared to a properly active fund.

Active funds wise - I'd look on Morningstar and look at the industries involved and go from there really. Then look at performance I suppose to see what it's done in the past, yes, past performance isn't a guide to future, but I'd not want to back a fund that's been Q4 for 10 years!

Thanks, what ETF is that if you don't mind me asking?

Exchange Traded Fund:

https://en.wikipedia.org/wiki/Exchange-traded_fund

eskbanker

GeoffTF said:

user1168934 said:

ChilliBob said:

I have a small holding in an ETF which focuses on banking/finance (there's loads out there depending on region/index tracked). Yes, this *isn't* active management, but it's making an active choice to tilt one's portfolio if that's your bag. It's done okay, it's cheap compared to a properly active fund.

Active funds wise - I'd look on Morningstar and look at the industries involved and go from there really. Then look at performance I suppose to see what it's done in the past, yes, past performance isn't a guide to future, but I'd not want to back a fund that's been Q4 for 10 years!

Thanks, what ETF is that if you don't mind me asking?

Exchange Traded Fund:

https://en.wikipedia.org/wiki/Exchange-traded_fund

Think OP meant 'which ETF is that', not 'what is an ETF?'!

robatwork

About 10 years ago the absolute #1 active manager was Neil Woodford. If someone recommended him to you 20 years ago and you invested in the fund he managed (various Invesco) you'd have been delighted with the performance.

Then he setup shop on his own. I followed him to his company as he was about the surest thing you could get in a UK active investment manager. After a couple of years I cashed out, thoroughly underwhelmed. It didn't get any better and now there are legal actions and regulatory investigations pending against him. 

The point is - nobody can recommend a decent reputable fund manager to you. He was the most reputable and it all fell down like a pack of cards. 

I go back further when I had a pension in Equitable Life, which had a 5* AAA rating from every ratings agency. Again one of if not the most reputable name in the investment/pensions industry. You can google what became of them. 

ChilliBob

I shares s&p 500 financial institutions type thing: https://markets.ft.com/data/etfs/tearsheet/summary?s=UIFS:LSE:GBX

However, this wasn't given too much thought, was just using up some cash left in an ISA and I though the tilt might be good. Oh and iweb didn't have a huge selection.