fund managers

Fund managers were already warning against buying into cyclical stocks including miners and financials ahead of this week's sell-off, urging investors to hold off until there is a clearer entry point.

BNY Mellon has named Simon Nichols as lead manager on the £290m Newton Bridge fund, replacing Caroline Tye.

Pensioners and savers are being deprived of thousands of pounds through high management fees that are often hidden, according to leaked advice provided by consultants to the Treasury.

F&C's head of European equities Paras Anand is to join Fidelity, Investment Week can reveal.

Brian White, a co-founder of Midlands-based Berkeley Fund Managers and fund manager at GHC Capital Markets, has passed away unexpectedly.

Terry Smith, the Tullett Prebon CEO and deputy chairman of Collins Stewart, plans to launch his own fund group in the coming months.

ASSET ALLOCATOR'S SOAPBOX

Carl Stick, manager of the Rathbone Income Fund, gives his assessment of how 'risk' should be managed.

Fund managers are expecting sterling to bounce back later this year after being one of the casualties of strong currency volatility this year.

RADAR ALERT