Investec

Sterling hit a six-month high against the dollar today as poor US economic data continues to weigh on the currency.

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Cazenove has appointed John Warren from UBS to work alongside small and mid-cap manager Paul Marriage.

Investec's John Stopford believes UK index-linked gilts continue to offer good value after the DMO raised £6bn in a sale of the securities yesterday.

Managers expect the gold price to rebound back to all-time highs in the current uncertain environment, despite the dip seen over the past month.

Fund rationalisation is expected to continue in the near term after the number of closures and mergers last year climbed to its highest level since 2005.

Investec Global Energy fund managers Jonathan Waghorn and Mark Lacey have used the BP-led downturn to add to a number of stocks "unjustly punished" by the Gulf of Mexico disaster.

Philip Saunders and Max King, the multi-asset portfolio managers at Investec, outline the five reasons why they remain positive.

Investec's Alastair Mundy has sold out of Lloyds in his £1.57bn Cautious Managed and £344m UK Special Situations funds on fears the group runs the risk of becoming a ‘zombie bank'.

Currency exposure drives emerging market-focused portfolios to the top of IMA Global Bond Sector over one year