Bill McQuaker, head of Henderson's multi-manager team, has moved into more cyclical equities in the view outperforming defensives now look vulnerable to a correction.
McQuaker (pictured) said he began introducing global cyclical exposure to the £256m Henderson Diversified Growth fund because consensual positions had become overvalued in recent months. He said: "We...
Capturing themes in a changing world
Latest news and analysis
'This is not going to end well': Buyers warn bonds will not be safe haven of the past in next market correction
Concern over impact QE ending and low yields
Explaining the strength of the dollar