Alastair Mundy

Investec's veteran stock picker Alastair Mundy said Japanese stocks are the most attractive compared to peers across the world, having fallen sharply in the last few months.

Investec's stockpicking veteran Alastair Mundy has bought into Royal Bank of Scotland after a change of sentiment towards elements of the UK's beaten-up banking sector.

Investec's Alastair Mundy has stepped down from his role as manager of the Investec Managed Distribution fund, handing the portfolio to John Stopford and Max King.

MUNDY'S MOMENT

Investec Asset Management's Alastair Mundy has revealed buying JJB Sports five years ago was the biggest mistake of his investment career.

Investec is launching an inflation-linked fund, targeting a return of CPI inflation plus 5%, as part of an expansion of its Managed Solutions fund range.

8 QUESTIONS ON JAPAN

IPO RISKS

Investec's Alastair Mundy has warned against investing in UK banks despite historically low valuations, with the threat of nationalisation looming large over leaders in the sector.

Investec's Alastair Mundy has said investor irrationality is helping his investment process but has warned on corporate profitability.