Financial wizard needed ...

I have some shares which are being reorganised and I've no idea which conversion option(s) to go for. The options are:

UK equity shares
Global equity shares
Managed Liquidity Shares
Hedge Fund Shares
Cash

Will probably take some cash and I'm very happy to split my current holding between the options; can anyone give me a rough idea, in plain, simple English, of whether one or other type of share is higher risk, gives better returns etc. Obviously I do realise that all are at the mercy of the markets generally but it'd be great to know if it's better to split equally between the options or put more in one than the others.

Thanks in advance.

Comments

  • Coops? COOPS?
  • Buy Marconi shares and lose 60K like I did.
  • FF - ouch:(
  • UK equity shares, how risky do you think the uk market will go up and down.

    Global equity shares, how risky is the global market will go up and down.

    Both these, do you think there will be a black monday/wesnesday etc.

    Managed Liquidity Shares Not sure what they are!

    Hedge Fund Shares
    RISKY. You own share of the hedge fund(some ask for a lot of money up front) your sharing the pool of money with someone as such. There can be BIG BIG returns on these.

    Cash
    Speaks for itself :) Stick it on red...

    It depends on your attitude to risk and what you can loose.

    "In legal terms I' am not given any finical advise"
    Im an underwrtier but qualifed to adivse!
  • Murf - short term or long term?

    (Chartered Accountant but not qualified to give investment advice.)
  • Hello!

    Can you tell me which company it is?
  • Appreciate the advice/info and wont hold any of you responsible for the outcome of any decisions I make.

    Should've said first off what my requirements are. I inherited these shares many years ago and my shareholding is fairly substantial, so I do see this as a good opportunity to diversify and spread the load a bit. In the past I've sold off a chunk of the shares (up to capital gains limit) each year either for cash or to reinvest elsewhere and the annual dividend, is also very welcome.

    I think I can afford a mix of long and short term investment. Would like to retain some regular returns in dividend form but am aware that returns are at the mercy of the market.
  • Coops - it's Merrill Lynch Assett Allocator, mix of balanced and growth shares.
  • .. and they're converting into Invesco Perpetual Selet Trust - assuming shareholders give the go ahead!
  • I still don't get it.

    What I'm not understanding is that you hold single (presumably ordinary shares in a single company) and they are splitting them. Now to split them, does this mean that you will no longer hold your investment in this one company?

    For example, they are suggesting Global Equity shares. Now are they saying they will take some of your money that has already been invested into your one company, and now put it into a Global Fund (several different companies)? If so, who manages the fund?


  • Aaaaah, x post. Sorry.

    I get it now. Personally I'm not a big fan of asset allocation tools, as this is a shirk of responsibility from the people who manage the money to just put a bit in every different area and not keep an eye on it.

    Out of the areas chosen, my personal choice would be UK Equity Shares. If I am correct in saying this will be managed by Invesco Perpetual, you will no doubt be invested largely into their Income/High Income funds, which are 2 of the consistently best funds on the market. The UK (believe it or not) is a far more secure area than any global economy at present and these equity funds can achieve high yielding dividends rather than just aiming for growth stocks, which other global stockmarkets cannot provide.

    The rest just seem far too risky for me. However, by investing in a fund, it is important to have a good quality Financial Adviser to keep an eye on it, as of course, all markets can down turn.
  • (and there is no Financial Adviser more Kwality than me). LOL!
  • That'll be £160 please. Send it to my Guernsey address.
  • (Coops - don't forget my 5% introducer's fee. Send to the SVT (Bermuda) Limited account. Cheers.)
  • Thanks Coops - while you were posting that I was busy e-mailing you with details. I sometimes wish they'd just leave thing alone. These particular shares have been the subject of 3 or 4 takeovers since I inherited them and each time it seems to get more and more complicated. All I really want is for them to send me a nice divident cheque regularly. I can do without having to make complicated financial decisions!
  • Cheques in the post!
  • No worries. If you need anymore help with it, let me know.
  • SezzSezz ✭✭✭
    Coops, I have £18 worth of premium bonds held for 37 years and ERNIE's not given me a thing in return. Any advice?
  • Yeah, cash it in and buy some Haagen Daz ice cream to ease your woes.
  • Cheers Coops. They are offering the opportunity to convert between the various classes every six months after the first year so if I can always change my mind later!
  • The only other one I would use (possibly in the future) is the global one. The others can feck off.
  • Interesting.

    For those who fail to make their own election, one existing class will be split 2/3 global, 1/3 hedge. The other will be split equally between UK equity and managed liquidity.
  • Jeez, people need to act then, as that potentially could cost people a lot of dosh!
  • Forms filled in and going in post box shortly.

    Thanks again for your thoughts.
  • Money money money!

    Think I need to charge for my admin also.
    Not going to piffle with gurnesy account.

    Lithuanen account for me.

    Now got to get back and finish
    "Mrs Ho Fuk Kin Chow"
    Yes its a real name and I have the passport to prove it
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