FE

Time to revisit small caps

Accessing three ‘closed’ strategies via investment trusts

The year investment trusts were brought back down to earth

Barings multi-asset manager Christopher Mahon has warned the chances of a fresh Black Monday-style crash are rising, as policy decisions increasingly drive markets.

Veteran manager Anthony Bolton said he had "no idea what was coming" when he handed over management of the Fidelity Special Values investment trust in 2007.

Old Mutual Global Investors' Global Equity Absolute Return (GEAR) strategy is nearing its maximum "comfortable" size, according to co-manager Ian Heslop.

A long Europe position has helped offset an otherwise "brutal year" for the Old Mutual Global Strategic Bond fund, according to manager Stewart Cowley.

Marlborough's Richard Hallett has pointed to retailers ASOS and Tesco, two of the worst performing UK-listed stocks this year, as potential turnaround stories.

Troy Trojan Capital

Diverging fortunes for government bonds and credit in recent weeks have prompted some fund buyers to suggest strategic bond portfolios could flourish again in the coming months.