Press Releases
Welcome to the RCM Press Centre. The latest RCM Investment Trust news, views and press releases are available here, as well as our fund managers' biographies and photographs. For all media-related enquiries please contact Emma Taylor in the Press Office on 020 7065 1526.
29 years of dividend growth – Merchants Trust
12 Apr 2011 - With its recent results announcement, The Merchants Trust managed by Simon Gergel at RCM, has once again increased its total year-on-year dividend providing investors with 29 years of uninterrupted dividend growth. During the past 12 months the Trust has outperformed its benchmark index, the FTSE 100 by 14.1% and 3.2% in terms of share price and NAV total return respectively. The Trust is managed using a value-driven investment style and remains defensively positioned.
- The Merchants Trust share price has outperformed the FTSE 100 by 14.1% over the past year
- The developed world is now two years into an economic recovery, though risks remain
- Economic growth is expected to be positive but muted and below trend in 2011
The global outlook for 2011 from RCM
8 Dec 2010 – As the year draws to a close, investment professionals from across the globe at RCM, a company of Allianz Global Investors, provide insight into the key issues for investors to consider in the year ahead
Manager of The Merchants Trust increases exposure to media sector
13 Oct 2010 - Simon Gergel of RCM, manager of The Merchants Trust PLC, provides insight into why he has increased exposure to the media sector. One of the main objectives of the Trust is to maintain high and rising dividends. The Trust has paid increasingly higher dividends to its shareholders year-on-year for the last 28 years – from 4.2 pence per share in 1982 to 22.5 pence per share in 2010 – providing its shareholders with a growing source of income which has exceeded the rate inflation over the same time period
- Convergence of three important factors sees The Merchants Trust increase exposure to media sector
- Combination of macro-economics, attractive business franchises, and low valuations producing investment opportunities amongst Media companies
Slowdown in US economic growth has lessons for Europe, says RCM
6 Sept 2010 - Neil Dwane, Chief Investment Officer Europe at RCM, reflects on the global outlook as the world economy gears up for autumn
- US economic growth slowing faster than expected
- Austerity measures increasingly visible in the US at a state level
- Europe must not be complacent and could face similar problems
- Emerging markets may face food price inflation
We are heading for a revolution in lighting, says RCM
14 Jul 2010 – Walter Price, manager of RCM Technology Trust, comments: "Energy efficiency is one of the low hanging fruits in the green technology space and we believe LED technology has the potential to revolutionise how the world is lit."
Mark Lovett comments on the outlook for Europe
09 Jun 2010 – Mark Lovett, manager of the award-winning Charter European Trust and Co-CIO European Equities, RCM, comments on the outlook for Europe.
- The situation in Europe is serious but throws up many opportunities
- Manager anticipates a substantial divergence in economic performance across the European countries
- Charter European Trust is trading at a 13% discount
28 years of uninterrupted dividend growth from The Merchants Trust
8 April 2010
- Average annual dividend growth of 9.1% over 28 years - significantly above inflation
- Total return per share, including dividends paid, of 29.2% compared with return on the FTSE 350 Higher Yield Index of 24.7%
- Yield of 6.2%
China takes the technology edge, says RCM
9 Dec 2009 – Walter Price, manager of the RCM Technology Trust plc comments on the Chinese technology industry and the opportunities to be found there.
- Environmental technology and E-commerce sectors are driving growth
- Valuations are at an attractive, sustainable level
Allianz Dresdner Second Endowment Policy Trust plc announces proposals for reconstruction and continuation of the Company
19 Nov 2009
- Proposals to revise the investment policy to sterling corporate bonds
- Proposals to change the name to Kontinua 2016 plc
‘Budget flush’ signals opportunities in technology, says RCM’s Walter Price
16 Nov 2009 – Walter Price, manager of the RCM Technology Trust, believes that the closing months of 2009 could provide a boost for many technology companies
- ‘Budget flush’ indicates return of confidence for technology companies
Mark Lovett comments on the outlook for European Equities
03 Nov 2009 – Mark Lovett, manager of the award-winning* Charter European Trust and Co-CIO European Equities, RCM, comments on the outlook for European Equities. RCM is the global equity company within Allianz Global Investors.
- Equities continue to look an attractive asset class due to valuations and current earnings environment
- The shape of the economic recovery will be a gently upward sloping ‘L’
- Over the next few months there will be a broadening out of the market, due to a recognition that there are attractive valuations in areas which have not participated strongly in the recent rally
Tech companies offer genuine growth in a low growth world
12 Sep 2009
It’s time to revisit tech stocks
12 Aug 2009
- Technology companies offer genuine growth in a low growth world
"European equity markets currently look attractive for investors prepared to look over a medium- to long-term horizon”
17 Mar 2009
- Downturn in equity markets has left many robust and well capitalised European companies undervalued
- Active stockpicking will be a key driver to deliver investment returns
"Technology companies should show resilience in the downturn"
16 Feb 2009
- High levels of cash and resilient business models likely to provide support for technology companies through the downturn.
- ‘Software as a service’, global networking and business process outsourcing predicted to be key trends in the medium term
"Alternative Energy a likely beneficiary of US Presidential Election race"
21 Oct 2008
- Alternative energy sector set to benefit from package of measures under Presidential front runner Obama
- US wind and solar industries tipped to become largest in the world
- Tax cuts in US could soften the recession
- Measures to encourage jobs growth a boost for technology companies in data consolidation & automation
Growth in new technology buoying sector
30 Jul 2008
- Research1 shows many investors fail to think about the new technology areas when weighing up their technology sector allocations
- New technology at the forefront of solving many current global challenges
- Strong demand for higher value-added products, including smart phones
"RCM Technology Trust finds value in selected technology stocks"
06 May 2008
- Consumer technology stocks proving resilient
- Demand for IT services being supported by Chinese demand
- Trust returned 5.74%1 since appointment of new manager one year ago
- Short-term outlook is positive, we believe, with stronger returns expected in the second half of the year
Despite volatile market conditions and fears of a US recession Walter Price, Manager of the RCM Technology Trust, is finding plenty of opportunities in the technology sector.
RCM appoints Peter Ames to Investment Trust team
09 Apr 2008
RCM (UK) Ltd, a specialist global equity company of Allianz Global Investors, is pleased to announce the appointment of Peter Ames as a Director in its Investment Trust team.
"Market falls will create buying opportunities," says manager of RCM Technology Trust
18 Feb 2008
- Net asset value per ordinary share up 15.3% compared with benchmark return of 7.3%1
- Trust holding more cash to take advantage of anticipated price falls
- Prospects look bright for consumer-related technology, solar power and Chinese internet stocks
- Corporate activity will increase in technology sector
"Recent falls have created opportunities to buy selected stocks in the technology area at low valuations relative to their prospective growth rates," says Walter Price, manager of the RCM Technology Trust.
Charter European Trust outperforms as it hits its 100th anniversary
05 Feb 2008
- Concentrated portfolio and flexible stock picking strategy proves successful
- Net Asset Value per share up 18.2% compared with benchmark return of 14.4%1
- Top performing investment trust in AIC Europe sector for year ended 30th November 20072
- Careful stock selection remains key in 2008 as well as emphasis on growth shares
The Charter European Trust, managed by Mark Lovett, celebrates its 100th anniversary and today also announces excellent returns in absolute terms, relative to its benchmark and competition, for the year ended 30th November 2007.
Brunner outperforms and seeks shareholder approval for change in benchmark
28 Jan 2008
- Brunner Investment Trust’s net asset value per share up 15.6% compared with the benchmark return of 6.3% in the financial year to end November 20071
- Net dividends up by 10.3%1
- Trust benefits from strong performance from UK mining and engineering companies, and emerging market stocks
- Growth shares predicted to outperform value shares in 2008
- Proposed change in benchmark to 50% FTSE All Share and 50% FTSE World Index ex UK
Press Release Disclaimer
Press releases are based on information believed to be accurate and reliable at the time of publication, however, this information may now have changed. These press releases are intended for journalists in their professional capacity and are not intended to be financial promotions.
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