Iain Stewart, manager of the £9.7bn Newton Real Return fund, has said he will continue to position his portfolio in safe-haven assets, despite a short-term drop in performance resulting from his defensive positioning around the US election.
With FE figures indicating the Real Return fund has lost 6% over three months to 24 November, Stewart (pictured) said the fund was particuarly hit in the wake of Donald Trump's victory. According to...
Targeting €1trn AUM by end of 2020
Groups firming up plans
Managed by Jeff Kernagis
Apollo Multi Asset Management has taken over the offshore multi-asset business of Frontier Investment Management.
Re-elected in September