fund manager views

Markets will grind higher, but the road will be a bumpy one, and risk trades still have their place explains Santander Asset Management's multi-asset chief Toby Vaughan.

The widely expected rotation from bonds to equities has failed to appear and gilt yields have fallen this year. This is odd, says Newton's Paul Brain, as he argues that bond yields are likely to stay low for a good while yet.

OMGI's US manager Ian Heslop gives an overview of economic data and argues there is little need for the Fed to raise short-term interest rates.

The era of 'Big Pharma' is over and companies are transitioning to more complex biological products, explains Tim Crockford from Hermes Sourcecap.

Domestically-focused businesses have been the engine of growth in the UK market. But is this trend over? Revera Asset Management's Glen Nimmo explains.

Rathbones' multi-asset head David Coombs explains why he is seeking out property and long/short funds as diversifiers, while making the shift in to large caps.

Following last year's spectacular market rally, market cap diversity and non-cyclical businesses will be key to achieving growth, explains James Henderson, manager of the Henderson UK Equity Income and Growth fund.

Although inflation has been the dog that has not barked, it would be extraordinary if higher levels did not appear. Protecting against inflation is both cheap and wise, explains Glyn Owen, investment director at Momentum Global Asset Management.

With developed world inflation hovering around the 1%-2% mark, Smith & Williamson's Chris Lynas explores the potential impact on bond markets.

Jeremy Gleeson, manager of the AXA Framlington Global Technology fund, gives an overview of prospects for the US technology sector.