Savings and Investments thread

Miserableoldgit

10901.
Thank you. 

fat man on a moped

10832 please

Addick Addict

10464

WHAddick

11111 pls

usetobunkin

I have a few pennies in a Marks and Spencer unit trust. 

Have had notifications about it moving away from HSBC  to New York Mellon. 

As the management team, any one in a similar position? And any thoughts on NYM?

Rob7Lee

usetobunkin said:

I have a few pennies in a Marks and Spencer unit trust. 

Have had notifications about it moving away from HSBC  to New York Mellon. 

As the management team, any one in a similar position? And any thoughts on NYM?

BONY M as we used to call them! (not the band but Bank Of New York Mellon), good fund manager, but does depend which fund ........

golfaddick

usetobunkin said:

I have a few pennies in a Marks and Spencer unit trust. 

Have had notifications about it moving away from HSBC  to New York Mellon. 

As the management team, any one in a similar position? And any thoughts on NYM?

BNY Mellon are a decent fund management company,  but as @Rob7Lee says, it all depends on the actual fund & fund manager running it.

What fund is it ?

Boom

golfaddick said:

usetobunkin said:

I have a few pennies in a Marks and Spencer unit trust. 

Have had notifications about it moving away from HSBC  to New York Mellon. 

As the management team, any one in a similar position? And any thoughts on NYM?

BNY Mellon are a decent fund management company,  but as @Rob7Lee says, it all depends on the actual fund & fund manager running it.

What fund is it ?

BONY Mellon aren’t the new fund managers - just the trustee. The new managers are Isio Investment Solutions.

usetobunkin

Thanks for the info, l am in UK 100 companies. 

I know past performance is no guarantee of future success. 

But I am a not a “savvy “ investor just a Joe Blow with a few pennies to tuck away as my emergency fund. 

So anything that points me in the right direction is greatly appreciated 

PragueAddick

11175 please @Rob7Lee

golfaddick

10897 please

golfaddick

usetobunkin said:

Thanks for the info, l am in UK 100 companies. 

I know past performance is no guarantee of future success. 

But I am a not a “savvy “ investor just a Joe Blow with a few pennies to tuck away as my emergency fund. 

So anything that points me in the right direction is greatly appreciated 

Depends on how much you have invested in it. If less than £10k then leave it there. If more then you might want to look at diversifying. M&S have a couple of other funds & you might want to look at moving half over to their Worldwide Managed fund. At least then you'll have exposure to the US, Europe & Asia rather than just the UK.

But this does not construe advice.....just in case the FCA are reading this 😄.

redman

10,167