Newton

Newton's Richard Wilmot, manager of the group's £1bn UK Equity fund, is to leave the company, Investment Week can reveal.

The fund management industry must address the issue of lack of female representation among fund managers, according to Helena Morrissey, chief executive of Newton Investment Management.

Renewed dollar strength has led forecasters to predict a tougher time for sterling in the coming months, despite a small relief rally last week as Scotland opted against independence. Which funds could benefit?

Howard Cunningham, portfolio manager within the fixed income team at Newton Investment Management, says although credit spreads are now lower, investors should not dismiss corporate bonds.

Funds with a top-down macro approach have struggled to beat bottom-up stockpickers this year, with many dropping into the fourth quartile of their respective sectors.

Funds from BlackRock and J.P. Morgan have been added to Sanlam Private Investment's bi-annual list of underperforming income portfolios after a tough year for some of their mandates.

Sectors are less relevant than they used to be as wealth managers focus on client goals, Rayner Spencer Mills' Geoff Mills tells Laura Dew.

BENCHMARKING

Looking forward to a new era in ‘top heavy’ UK income sector

THE BIG QUESTION