UK

ON UK GROWTH

This week's Conjecture debate saw panellists from BlackRock, MFS & Threadneedle discuss the prospects for UK equities.

The economist John Kay in his book Obliquity relates the famous essay by Isaiah Berlin about the hedgehog and the fox in the context of financial markets.

Manager shorts IT and outsourcing while buying unloved domestics despite weak outlook

Artemis UK Growth fund manager has boosted performance with overseas earnings strategy but is beginning to look at UK-centric stocks

Government austerity measures and high levels of consumer debt pose "strong headwinds" for the UK's economic recovery, the IMF has warned.

Old Mutual saw a net outflow of £2.6bn in the first quarter of the year, although assets under management edged up and Skandia saw growth in new business volumes.

The UK could fall back into recession at the end of this year, as high oil prices and the impact of the Japan earthquake weigh on global economic growth, said Fidelity's Trevor Greetham.

Schroders has unveiled an ISF Euro Credit Duration Hedged fund for head of UK and European credit strategies Adam Cordery.

Rathbone Unit Trust Management saw net inflows in the first quarter of 2011, reversing a recent trend of withdrawals and helping boost funds under management to £1.06bn.