Investors should have increasing confidence in a UK economic recovery as the housing market shows strong signs of bottoming, Richard Woolnough believes.
With the financial panic over, we have seen a ‘relief rally' in stock markets as the risk of financial meltdown has been transferred to governments via rescue packages.
Advisers have continued to recommend Cautious Managed funds, with the sector taking second place on Cofunds' best seller list for August.
Market upheaval causes mass exodus to developed markets as a consequence of managers' search for quality and protection from risk
M&G's Richard Woolnough says corporate bonds remain cheap despite the recent rally, with investment grade spreads now at ‘typical' recession levels.
Jupiter Investment Management Holdings has appointed former M&G group finance director Philip Johnson to the newly-created role of chief financial officer (CFO).
Diverse sector at the forefront of downturn over past year, with just eight funds producing positive returns to investors
Corporate bond funds saw a resurgence in popularity following a two-month dip in demand, accounting for a third of net sales on the Cofunds platform in July.
M&G posted a record £4.1bn net retail inflow in the first half of 2009, with more than £3bn placed in the group's range of fixed income funds.
Core strength of Prudential Group is its focus on top-down asset allocation, says Williams