Michala Marcussen, SGAM's Head of Strategy and Economic Research, discusses the tightening of monetary policy around the world & the effects this will have on the global economy.

Norwich Union has changed the name of its Portfolio fund to better reflect its investment strategy.

The Capel Cure Sharp (CCS) fund Hallmark Growth changed sectors from Active Managed to Balanced Managed. CCS realigned the portfolio so its bonds element had a weighting of 15%.

Although forced selling of stocks by insurance companies means there are real bargains to be had, overall returns are likely to be subdued over the medium term