Invesco Perpetual's co-head of fixed interest Paul Read has said he expects the UK's base rate to rise in the first quarter of next year, in contrast to the forecast of his former colleague Neil Woodford.
Invesco Perpetual has promoted Andrew Hall to co-manager on its £163m Global Opportunities fund alongside Stephen Anness.
Mark Barnett has cut some of former manager Neil Woodford's favourite holdings in the £1.4bn Edinburgh investment trust, adding 14 new stocks since the beginning of the year.
Mid-cap stocks have suffered a harsh and indiscriminate sell-off in recent weeks, and managers have pointed to liquidity concerns as a possible trigger for the falls.
‘I am more cautious on UK growth than the crowded consensus’
Kames Capital is considering a move into the multi-asset absolute return space, following strong inflows into its existing absolute return products and the outstanding success of the multi-billion pound GARS franchise.
Neil Woodford's new income fund will aim to deliver high single digit returns annually, despite a 'challenging' economic backdrop he predicts will weigh on markets.
Bond investors' "desperation" for yield can lead to many funds taking too much risk at the wrong price, Invesco Perpetual's Paul Read has warned.