Laurence Fink, chief executive officer and co-founder of BlackRock, said global economies and markets are in a 'perfect storm' but warned investors against sheltering in cash.
Jenny Cosgrave talks to a trio of wealth managers about their outlook for the commodities sector and finds out which strategies stand out from the crowd.
BlackRock has removed Mark Lyttleton from its UK fund, handing the £449m portfolio to co-manager Nick Little.
M&G tops both retail sales lists as investors seek out bond funds, while BlackRock's active and passive vehicles also prove popular.
Many investors in the current climate would baulk at the words of Laurence Fink, chief executive officer and co-founder of BlackRock, who said investors should have 100% of their investments in equities at the moment.
Laurence Fink, chief executive officer and co-founder of BlackRock, said investors should have 100% of their investments in equities because of valuations and higher returns than bonds.