Bank shares were clear winners in the days following the Conservatives' shock election win, and fund managers predict they have further to run. Investment Week lists funds positioned for a further rally in bank shares.
The launches of three small-cap investment trusts in close succession will give liquidity in the lower end of the market a much-needed boost, according to L&G's Richard Penny.
Miton's new UK MicroCap trust has raised almost £50m during its IPO period, the company has announced.
Former Midas and Momentum sales head David Thomas has joined Liverpool-based Seneca Investment Managers as its new CEO.
Coram Asset Management co-founder James Sullivan has said he would consider holding 100% cash in his funds if such a move was right for market conditions.
Levels of liquidity in the UK mid and small-cap space are again under scrutiny following Schroders' decision to overhaul two funds to guard against the problem.
Miton has overhauled part of its multi-asset range, changing the investment objective of one of its flagship portfolios as it rebrands two funds.
Nick Greenwood, manager of the Miton Worldwide Growth investment trust, discusses a little-heralded UK equity fund that could prosper this year.
Accessing three ‘closed’ strategies via investment trusts