Aviva

Fund managers are facing pressure to buy high risk assets in order to meet their funds' targets in an environment of falling equity volatility.

EMD

Sanlam Private Investments (SPI) has reaffirmed its ‘sell' recommendation on Richard Wilmot's £2.1bn Newton Higher Income fund, arguing its recent overhaul has made the fund a less attractive option for income seekers.

Structured products are rarely used on platforms in the UK but Jasper Thomas, investment funds manager at Aviva Pensions & Investments, says there are more reasons than ever for financial advisers to be considering them in a post-RDR world.

MUNDY'S MOMENT

THE BIQ QUESTION

UK INCOME

Henderson's Alex Crooke, manager of the £647m Bankers investment trust, has sold out of UK recovery plays as he does not expect this part of the market to deliver for a number of years.

Aviva Investors' Justin Onuekwusi has upped his exposure to a variety of niche bonds - including floating rate loans - after warning equity markets could fall in the near future.

Fund closures and mergers in the UK have soared to a record high in the past six months as groups cull smaller or underperforming funds amid pressure on margins.