EDITOR’S LETTER
IN THIS ISSUE
Issue 19 / June 2016
T
How Brexit will affect key UK sectors
PRINCES TO PAUPERS
Why so many footballers
go bankrupt
DREAM TEAM
Your fantasy fund
manager line-up
TURNED ON ITS HEAD
Re-think the way you access
your pension pot
ISSUE 19
CREDITS
TRUSTNET MAGAZINE (FORMERLY
INVESTAZINE) IS PUBLISHED BY
THE TEAM BEHIND FE TRUSTNET IN
SOHO, LONDON.
WEBSITE: WWW.TRUSTNETDIRECT.COM
EMAIL: [email protected]
CONTACTS:
he EU referendum is nearly upon us. While it
is difficult to offer any insight on the subject
without alienating either the “in” or “out”
camps, Cherry Reynard has attempted to take
an unbiased approach in this month’s cover story,
weighing up the prospects for a number of key UK sectors
for either outcome of the vote.
The referendum isn’t the only major Europe-related event taking
place this summer. The European Championships will be well under
way by the time this magazine is published, offering the chance for
football-mad journalists to mix business with pleasure. Adam Lewis
draws parallels between putting together a football team and the ideal
portfolio, while I find out why it is that with most Premier League
footballers earning more in one week than the average person earns
in a year, so many of them run out of money. Under the circumstances,
it would seem odd if this month’s sector focus didn’t fall on IA Europe
ex UK.
In our usual columns, John Blowers explains why we need to re-
think the way we access our retirement savings, F&C’s Tom Wilson
unearths three stocks he thinks are unappreciated by the market,
while Momentum’s Andrew Hardy reveals which fund he is using to
access high growth stocks such as the “FANGs” which dominated the
US last year.
6
Enjoy reading,
Anthony Luzio
Editor
T: 0207 534 7652
Art direction & design
Javier Otero
W: www.feedingcrows.co.uk
Editorial
Gary Jackson
Editor (FE Trustnet)
T: 0207 534 7680
Alex Paget
News editor
T: 0207 534 7697
Lauren Mason
Reporter
T: 0207 534 7625
Anthony Luzio
Editor
Trustnet Magazine
Sales
Richard Fletcher
Head of publishing sales
T: 0207 534 7662
Richard Casemore
Account manager
T: 0207 534 7669
Photos supplied by Thinkstock and
Photoshot
Cover illustration: Javier Otero
In association with:
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10
EUROPE: THE FINAL COUNTDOWN Cherry Reynard weighs up the prospects for a number of key sectors for
either outcome of the approaching referendum P. 2-5 / DREAM TEAM Adam Lewis picks his fantasy first XI of
fund managers P. 6-9 / WHY MIGHT YOU INVEST IN EUROPE? Henderson says there are six key factors working
in the continent’s favour at the moment P. 10-11 / FROM PRINCES TO PAUPERS Anthony Luzio finds out how a
Premier League footballer earning £44,000 a week can run out of money P. 12-15 / FUND, PENSION, TRUST
JPM Global Opportunities, BlackRock Commodities Income IT and Liontrust UK Micro Cap find themselves
under the spotlight this month P. 16-19 / BACK TO THE DRAWING BOARD Europe was being heavily tipped by
fund managers at the start of 2015, but it has flattered to deceive since then, writes Daniel Lanyon P. 20-24 /
TURNED ON ITS HEAD John Blowers says investors need to re-think the way they access their retirement
savings P. 26-28 / UGLY DUCKLINGS F&C’s Tom Wilson picks three stocks that are unappreciated by the market
but are well-placed to deliver attractive growth P. 30 / WHAT I BOUGHT LAST Momentum’s Andrew Hardy
reveals why he has bought Jennison Global Equity Opportunities P. 31