currency

CURRENCIES

IS STERLING OVERVALUED?

Insight Investment Management is set to acquire currency specialist Pareto Investment Management early next year.

Invesco Perpetual's Neil Woodford is running the most concentrated portfolios seen in his 25-year fund management career in an effort to shield his funds from economic headwinds.

Insight Investment has appointed a head of currency to replace Dale Thomas (pictured), who left the firm in May.

Allianz Global Investors will reopen its soft-closed renminbi bond fund to investors on 6 August due to redemptions and increased liquidity in the market.

Sterling has been backed to extend gains against the euro despite rising to a three-and-a-half-year high this week, as investors' fears over the future of the eurozone play out in money markets.

Swiss central bank chairman Philipp Hildebrand, who quit over a currency trading scandal, is to join BlackRock as vice chairman in October.

CURRENCIES

In the latest Conjecture debate, our panelists from Legg Mason subsidiary Brandywine Global and Newscape Capital Group discussed Currencies.