AXA Framlington UK equity manager Nigel Thomas has bought into the recent Poundland IPO in his UK Select Opportunities fund, expecting the store to benefit from the rise of the 'promiscuous shopper'.
Looking for returns beyond food production stocks
Part II: Is peripheral Europe overvalued?
Ruffer managers Hamish Baillie and Steve Russell (pictured) have bought into ‘old tech' stocks, mirroring a trade executed by a number of technology funds in the last month.
Jupiter has launched a US small- and mid-cap fund for Robert Siddles.
Neil Woodford is to launch his long-awaited equity income fund at the start of next month with a flat fee structure that will see his firm absorb admin costs.
Fund managers are backing miners as a key income play this year, predicting the largest names in the sector will ramp up their dividend payouts after a poor first quarter.
Artemis is seeking to launch five US equity funds for Cormac Weldon and his ex-Threadneedle colleagues as members of the team begin work in their new roles.