Cedric de Fonclare to run European fund
Following January's panic, markets staged a strong recovery from their mid-February lows following central bank action, a firming in oil and commodity prices, a clearer picture on China and US interest rates.
Follows withdrawal of majority stakeholder
Fell by 16% during March
Market volatility surrounding the upcoming EU referendum in June could threaten return prospects from the fine wines sector in 2016, with the fall in sterling already impacting the cost of European imports.
High correlations between oil and equities are set to weaken as markets are now much more accustomed to lower and volatile prices for the commodity, according to Lukas Daalder, chief investment officer of Robeco Investment Solutions.
Offer alternative to bonds
Significant meeting means limited oil price downside