The return of Japan's Prime Minister Shinzo Abe has boosted the country's stock market and lifted inflation, but which managers have benefited most so far, and which have lagged behind?
Fixed income investors have overlooked the opportunities in the fledgling technology bond market, according to Baillie Gifford's Torcail Stewart.
Andrew Bell, chairman of the Association of Investment Companies (AIC), has warned many boards have not moved quickly enough to reduce charges on their investment trusts.
Baillie Gifford's European equity specialist Tom Coutts said the Italian election was not a game-changer for markets, but has thrown up opportunities for stockpickers as uncertainty hit share prices.
Baillie Gifford has cut the annual management charge across its specialist investment trust range, including Sarah Whitley's top-performing £169m Japanese investment trust.
Baillie Gifford has moved to soft-close its Diversified Growth fund in order to protect performance, following a surge of inflows in the past year.