Neptune's head of US equities Felix Wintle has boosted the energy position in his £667m US Opportunities fund from underweight to overweight since the end of last year.
River & Mercantile has decided to close its £3m UK Equity vehicle to retail investors due to a lack of demand.
ON EMERGING MARKETS
PIMCO's co-CIO Bill Gross has hit out at US policymakers for introducing "devilish policy tools" to rebalance US debt, effectively "robbing savers."
The US will see sub-par economic growth over the next few years, says Invesco Perpetual's Andrew Shard, as the government begin to tackle the deficit problem.