Richard Hallett, manager of the £199m Marlborough UK Multi-Cap Growth fund, has said he is "worried" about the UK, pointing to Brexit uncertainty, weak consumer confidence and rising debt levels due to the low interest rate environment.
The manager said there would not be a return to interest rate normalisation because of the amount of consumer debt in society and the level of government debt central banks have under their control. ...
Publishes consultation paper
Exploring the effects of shake-up
More emphasis on corporate governance and responsibility
quality growth equity and long-duration bonds dominate