P207 CEEFAX 207 Sun 9 Apr 02:36/00   1/7  CEEFAXUNIT  TRUSTPANEL  The Ceefax Unit Trust Panel draws on a number of independent advisers in an attempt to delineate a path through an ever more impenetrable unit trust jungleN Unit trusts can decline in valueN Neither the panellists nor the BBC can accept responsibility for any recommendations madeN Selections and opinions shown are those of the persons named and are not necessarily shared by the BBCN * Investors should always seek professional advice before buying.  Stocs Market Panel 206 Moneyfile Annuities Economy CityHeads
P207 CEEFAX 207 Sun 9 Apr 02:24/02   2/7  CEEFAX UNIT  TRUST PANEL  * APRIL selections  UK Europe USA Japan Other Brian Bailey * * Keivan * Borhani Stephen Lansdown * * * * Selections are geared for growth on a minimum 12-month view and are considered worthy of inclusion0tn a balanced portfolio. S indicates a speculative investmentN  Moneyfile 201 Personal 260 Moneyfile Annuities Economy CityHeads
P207 CEEFAX 207 Sun 9 Apr 02:24/15   3/7  CEEFAX UNIT  TRUST PANEL  Brian Bailey Richard Grenville/London  The recent decisions not to raise American interest rates and to cut current cycle is at or near its peakN Markets should respond positively to this newsN The UK market remains at an attractive level, invest in Newton Income, S&P Extra Income and Perpetual UK GrowthN Fixed interest markets should rise, buy Schroder Bond Fund. On a longer term view we continue to hold and recommend S&P Japan and Schroder Tokyo.  April commentary Moneyfile Annuities Economy CityHeads
P207 CEEFAX 207 Sun 9 Apr 02:34/25   4/7  CEEFAX UNIT  TRUST PANEL  Keivan Borhani Murray Noble/London  ghat can happdn to Barings can happen to any bank or company, or local authority that has a strategy of investing in derivative trading for profit. The turnover of LIFFE in 1994 was more than the world's GDP, so the size of the derivative overhang is frighteningN If there is another upset somewhere, we could havd a market seizureN Stay with sovereign bonds and deposits of less than £20,000 and emerging markets in case I'm wrongN  April commentary Moneyfile Annuities Economy CityHeads
P207 CEEFAX 207 Sun 9 Apr 02:35/45   5/7  CEEFAX UNIT  TRUST PANEL  Keivan Borhani Murray Noble/London  Japan: Avoid USA: Delay new investments UK: Start sellingN 1% of riss here pays 1% of returnN Fixed interest: Some Epropean ones are still goodN You may have to buy direct from the Eurobond market Emerging markets: 1% of risk here pays 1.5% returnN This is a better better but keep proportion downN  April commentary Moneyfile Annuities Economy CityHeads
P207 CEEFAX 207 Sun 9 Apr 02:31/01   6/7  CEEFAX UNIT  TRUST PANEL  Stephen Lansdown Hargreaves Lansdown/Bristol  Overview: Tensions may have eased in recent weeks; but the spectre of inflation, higher interest rates, and a weak dollar will haunt us for a while longer. UK: The equity/gilt yield ratio indicates that equity prices offer value. Larger rather than smaller companies are preferred, espdcially those offering a good0x—eld. Morgan Grenfell Equity Income and Fidelity UK growth fit the bill.  April commentary Moneyfile Annuities Economy CityHeads
P207 CEEFAX 207 Sun 9 Apr 02:33/01   7/7  CEEFAX UNIT  TRUST PANEL  Stephen Lansdown Hargreaves Lansdown/Bristol  Japan: The Barings episode has come to a close, as has the financial year. The market has fallen back significantly and volumes are lowN It hurts to buy the market but this may just be the time to do so. Schroder Tokyo springs to ltndN Europe: The mark's strength has caused significant pain again. 'jth some improvement now in prospect, investment into Credit Suisse European should be consideredN  April commentary Moneyfile Annuities Economy CityHeads