Multi-asset

Since its creation in 2008, the absolute return sector has been a bone of contention for intermediaries.

MAM Funds has renamed Martin Gray and James Sullivan's CF Miton Arcturus fund and is preparing to move it into the IMA's Absolute Return sector.

Investment Quorum's investment committee is looking to deploy cash piles into the markets on its model portfolios as it urges clients to "be brave" and embrace opportunities found in market volatility.

In the latest Conjecture debate, our panelists from Newscape Capital Group, North Investment Partners and S&P Capital IQ discussed Multi-Manager.

Brent crude oil prices could drop by almost 50% to $50 a barrel within the next three months if the eurozone crisis escalates, Credit Suisse has said.

Polarised views over the eurozone are dangerous for investors and increase their risk of getting burned by the markets, said Aberdeen's Aidan Kearney.

Apollo Multi-Asset co-founder Tom McGrath has been cutting risk assets from his portfolios in expectation of more pain to come in the stricken eurozone.

ON GOLD

Jim Rogers, the chairman of Rogers Holdings, has described the bailout of the Spanish banking sector as "absurd economics" in a scathing attack on the European Union's approach to the crisis.

Gold exchange-traded commodities (ETCs) saw $500m of inflows in the past three weeks, as investors flocked to the precious metal as the eurozone crisis worsened.