Jupiter European Special Situations manager slashed exposure to ‘one-way bet'
Risk aversion continues to rule as gold funds top charts in short and long term.
Gold lost as much as 2.5% this morning as investors fled to the dollar following the Fed's latest stimulus measures.
Billionaire investor Warren Buffett has retained second spot in Forbes latest list of America's richest people, despite seeing his personal wealth fall by $11bn.
Fidelity's Anthony Bolton has said he remains a world equity market bull despite a global situation that resembles "a big game of poker".
Schroders head of Asia ex-Japan equities, Robin Parbrook, said returns from China have been 'miserable' for the last two decades, and warned the country still faces major challenges.
Noel O'Halloran, head of the team that manages the Insynergy New World Equity Income fund, is anticipating interest rate cuts in major emerging markets as the economic cycle begins to turn.