A survey conducted by Legg Mason has found UK-based high net worth investors are the most cautious in Europe, with more than a third of their portfolios invested in cash.
On average, older UK investors (aged 40-75) have cash weightings of more than 36% in their portfolios, in a bid to protect themselves from current market volatility, according to the 2016 Legg Mason Global...
Pair also on board of several other trusts
As the yen continues to strengthen, Invesco Perpetual's head of Japanese equities Paul Chesson asks if it is nearing the endgame for Japan or if the central bank could make yet another move to strengthen the country’s stalled economy.
Aims to deliver an 'index-like experience'
Cental banks' credibility could be called into question
Three investment managers appointed