Equity markets

Six fund managers reveal the long-term trends driving their strategies, and the positions that have worked well for their portfolios this year, as well as the sectors they have avoided

The global economic and investment backdrop was altered by the UK's decision to leave the European Union towards the end of June, writes Brooks Macdonald's Jonathan Webster-Smith.

Investors still appear willing to take risk, but this remains a very unloved equity market rally - led by defensive sectors such as consumer staples and utilities, writes Erik Knutzen, chief investment officer—multi-asset class at Neuberger Berman.

As the yen continues to strengthen, Invesco Perpetual's head of Japanese equities Paul Chesson asks if it is nearing the endgame for Japan or if the central bank could make yet another move to strengthen the country's stalled economy.

Focus on high-quality companies

Tournament starting this weekend

The UK equity market seems to have taken the view that the biggest losers from a Brexit would primarily be those stocks and sectors that have the highest proportion of domestic earnings, writes Miton's Eric Moore.

GDP growth in China for Q1 2016 hit a record low of 6.7% following a 21 consecutive quarterly downward trend. However, there are other economic indicators that may suggest the macroeconomy is showing signs of stabilisation, writes Miller Guo, CEO of GF...

High valuations and low earnings

Morgan Stanley's Kristian Heugh, manager of the group's Global Opportunity fund, talks to Lawrence Gosling about his attitude to Chinese state-owned enterprises and where he is invested within the tech sector.