Richard Wilmot is underweight financials and mining stocks in his Newton Higher Income fund on fears about the impact of the underperformance of Chinese and wider Asian markets.
Tineke Frikkee is to exit BNY Mellon and join Smith & Williamson Investment Management in July to run its UK Equity Income Trust.
Newton's Jason Pidcock has called into question opportunities in China, despite official figures showing the economy is expanding at 7%, and said there are much better opportunities elsewhere in Asia.
Investors are struggling to find ways to beat inflation in the UK, with savings accounts paying virtually nothing and bond yields squeezed by demand, but there are a number of funds out there which can deliver for investors.
Kira Nickerson discovers that some fund managers are beginning to re-examine this previously unpopular asset class.
As the most popular emerging market equity funds are soft closing to stem inflows, wealth managers are being forced to look for alternatives beyond their usual top picks.
Standard Life is in discussions to acquire the private client business of Newton Investment Management for up to £90m, according to a report.
Iain Stewart has gained a co-manager on the £3bn Newton Balanced fund, enabling him to spend more time running his £7bn Real Return fund.
We believe the investment backdrop remains structurally difficult.
Newton Investment Management has named Richard Wilmot as lead manager of the £2.2bn Newton Higher Income fund, replacing Tineke Frikkee.