In the first of our new series profiling the rising stars of the industry, we talk to former stockbroker Ben Conway, a senior fund manager at Exeter-based Hawksmoor Investment Management, where he co-manages the £69m Vanbrugh and £57m Distribution funds....
Sentiment reversal towards emerging markets
Hiring two investment managers
Hawksmoor manager Richard Scott has opened a position in Alliance Trust on his Vanbrugh fund following the trust's public spat with Elliott Advisors.
Investors are moving out of frontier markets and in to global emerging market vehicles, including BRIC funds, to capture a reversal in their fortunes.
Wealth managers have been reducing allocation to equities in favour of convertible bonds as a hedge against volatility, following a strong run higher for equity markets.