Investors are struggling to find ways to beat inflation in the UK, with savings accounts paying virtually nothing and bond yields squeezed by demand, but there are a number of funds out there which can deliver for investors.
Morningstar has voiced concerns about the lack of succession planning in the funds industry and the reluctance of groups to hand over large pots of money to young talent.
As advisers digest last week's revelation that top UK fund manager Richard Buxton is to exit Schroders after more than a decade at the group, attention is now turning to where to invest next.
Jenny Cosgrave talks to three wealth managers about their top fund picks.
Architas CIO Caspar Rock has increased his funds' weightings to equities - particularly Japan - in the expectation the momentum behind the recent move into risk assets will continue.
JO Hambro Capital Management's (JOHCM) Japan fund is heading towards soft-closure, following a wave of new inflows over the past twelve months.
With investors worried about global growth, and 'safe-haven' government bonds yielding near record-low amounts, investors have piled into 'defensive' stocks, but are they just too pricey now? Below, experts give their views.