Lazard Asset Management has renamed its top performing UK income fund, run by Alan Custis and Alan Clifford.
Investors should avoid income-paying trusts after the sector moved to trade on a premium for the first time since the financial crisis, analysts have warned, amid growing expectations interest rates could rise this year.
J.P. Morgan Asset Management's Austin Forey is taking overweights in emerging market countries holding elections this year, in the view their shares could rally after a dismal start to the year.
The number of new jobs created in the US in March has missed estimates but failed to dent investor optimism as US markets opened higher this afternoon.
Ian Ormiston has added to European construction stocks in his Ignis European Smaller Companies fund in the expectation this area of the market is in line to benefit from a economic recovery.