Price falls again by 3.5%
Also hires former Schroders quant manager
A so called 'dash for trash' could see investors that are focus on 'quality income' in US markets underperform in the coming months, according to Stephen Thornber, fund manager at Columbia Threadneedle.
Every year, almost like clockwork, the 'demography' argument pops up within the broader investment debate, writes David Stevenson.
Fund managers have urged a return to 'old school' investing, including a focus on fundamentals, as global markets dropped into bear market territory last week.