Melchior

The managers of the £98m Melchior North American Opportunities fund have reversed out of defensive names into more economically sensitive sectors, following the string of positive economic data that has emerged from the US in recent months.

Investors ask whether falling Chinese housing starts could trigger end of commodity super-cycle.

Peter Kaye and Nabeel Mughal, managers of the £98m Melchior North American Opportunities fund, pick five indirect plays on the US housing market.

Dalton Strategic Partners fund manager Jenifer Rush adopts adventurous investment style to find ideas within the commodities sector.

Dalton Strategic Partners' Melchior European fund, managed by Leonard Charlton, has been hard-closed at $100m.

Dalton SP's Peter Kaye has slashed his exposure to energy and technology sectors in favour of defensive stocks on negative US sentiment, but forecasts a bounce back in the US equity market.

Dalton Strategic Partners has soft-closed its Melchior Selected Trust European Absolute Return fund at $500m.

ON UK GROWTH

The earnings results season for Q3 2009 (October-December 2009) has almost finished.

Dalton Strategic Partnership has launched a new cautious global asset allocation fund.