Newton

Flicking through Helena Morrissey's CV, it would be difficult for even the biggest overachievers not to be intimidated.

James Harries, the manager of the £3bn Newton Global Higher Income fund, is set to overhaul his portfolio as he changes tack on a variety of sectors.

CONTRARIAN

Fund managers have raised cash levels in their equity and bond portfolios to levels last seen at the height of the Lehmans crisis as valuations in risk assets hit extremes.

EQUITY INCOME

Newton's James Harries has urged investors to hold back before redeploying cash into Europe.

Newton's Iain Stewart is finally reaping the rewards of a move into gold miners following a strong rally in recent weeks.

INCOME

ON UK GROWTH

Fears Chinese government's stimulus plans are not enough leave managers waiting on the sidelines.