Higher Income manager ditches number of long-term higher yielding stocks for lower-yielding names with better upside opportunities.
The pound rebounded today after falling to a year low versus the US dollar yesterday in the wake of the Fed's latest stimulus measures.
Gold lost as much as 2.5% this morning as investors fled to the dollar following the Fed's latest stimulus measures.
First State is set to launch its first bond fund in the UK following the hire of Helene Williamson last month.
First State Asia Pacific Leaders manager runs chunky underweight to Chinese equities ahead of expected pull-back.
Janus' US specialist John Eisinger is steering clear of cyclicals and financials on eurozone contagion fears, adding he believes Europe is already in recession.
The final set of recommendations from the Independent Commission on Banking (ICB) has provoked a mixed response from commentators, with some warning the cost of the move could drive up risk taking by the banks, while others welcome the 'safety measures'...
Janus International has added an Asian equity fund to its Dublin-domiciled fund range, to be managed by recent hire Hiroshi Yoh.
Sanlam Fund Solutions has hired Titan Fund Management's former CIO Barry Cowen to head up the investment team on its UK retail fund range.