Europe boutique Argonaut Capital has announced a number of changes to the business, including founder Barry Norris taking full control, the appointment of Sanlam CEO Jonathan Polin as chairman and the sale of its Income funds to Liontrust.
Recruited Davies from Fidelity last year
With Mario Draghi extending the ECB's QE programme this month, and investors returning to US high yield following a number of recent sell-offs, managers tell Investment Week which areas of the credit sphere are likely to outperform in the coming months...
Compounding the gloomy outlook among investors is the ratcheting up of event risk. Brexit is looming largest, driving down sterling and threatening a period of sustained instability.