Managed funds

ON ASSET ALLOCATION

Aberdeen co-heads of multi-manager Graham Duce and Aidan Kearney have been building up cash across their MM range on expectations of near-term pressure for equity markets.

Discretionary manager Fund Intelligence is tapping into adviser demand for outsourced solutions post-RDR by offering a range of model portfolios for ethically-focused investors.

ON ASSET ALLOCATION

ASSET ALLOCATION

Investec's Alastair Mundy is continuing to hold Norwegian bonds and gold in his £1.56bn Cautious Managed fund to protect investors should the efforts to stabilise the financial system eventually fail.

Cazenove is planning to launch an income fund for co-heads of multi-manager Marcus Brookes and Robin McDonald.

Multi-managers are boosting their exposure to Japan following the Government's moves to weaken the currency.

SECTOR ANALYSIS

Henderson's Mark Harris has warned investors in fixed income funds will lose money over the next ten years.