Fidelity

The average strategic bond fund now holds less than half its assets in the UK, as managers "starved" of opportunities rotate into Europe, the US, and emerging market debt.

Growth-focused UK equity managers have joined their income peers in backing pharmaceuticals as deals both real and rumoured send shares rocketing.

Multi-managers are continuing to turn to commercial property as they seek to combine capital growth with new income streams.

THE BIG QUESTION: PART II

Fidelity Worldwide Investment's bond manager Ian Spreadbury has said his fund has lagged competitors in the last year because of his ongoing caution amid a move by peers to add equity-like risk to their portfolios.

THE BIG QUESTION

FUND SELECTION

LEADER

Fidelity Worldwide Investment has moved to put pressure on rivals in the passive space with the launch of four low-cost index funds.

THE BIG QUESTION