Henderson's fixed income manager Jenna Barnard has labelled the contingent capital bonds recently issued by Barclays as the 'poster-child' for issuance investors should avoid, despite strong demand from Asia.
Simon Gergel, manager of the Merchants investment trust, forecasts a much tighter oil market this year and beyond, with a return to higher prices at some point.
The New Year started, as always, with a flurry of forecasts for the next 12 months. But with equity markets having one of their worst starts, a number of commentators have not had to wait as long as usual for some of their forecasts to look a touch optimistic.
To remain as consultant to firm
Ex-pensions minister sounds stern warning
Combined business will have £11.2bn AUM