Nick Kirrage has begun adding supermarkets to the £1.5bn Schroder Income fund he co-manages with Kevin Murphy, expecting a significant boost to dividends in the long term.
US fund managers have "failed" their clients by focusing on preserving their careers rather than growing clients' capital, according to Baillie Gifford's Ian Tabberer.
The price of Brent crude oil edged above $77 on Friday but remained close to its new four-year low as demand fears and weak Chinese data weighed on the commodity.
European Wealth has acquired two firms in order to boost its onshore and offshore wealth management services.
UK investors can access Bill Gross' Janus Global Unconstrained Bond fund after the firm announced it is open for subscriptions across Europe.
The managers of the Threadneedle American fund are positioning for coming volatility through selective positioning in financials.