Newly-appointed manager reduces banks exposure to turn around performance on New Star Sterling Bond vehicle
There have been two events within the multi-manager sector of the market occurring in the last two weeks - both quite different in nature - that are equally important and point a way forward for advisers.
M&G's Richard Woolnough has reduced his exposure to interest rate risk in his Optimal Income fund on the back of concerns about a possible excess in supply of government bonds.
Investors made a marked move towards the Cautious Managed sector last month at the expense of corporate bond funds which continued to fall in popularity.
Government's scheme divides sector predictions on future buy-ups despite programme creating extra demand for asset class
Threadneedle was the big winner in last night's Investment Week Fund Manager of the Year Awards, landing the prestigious Group of the Year accolade at the Royal Albert Hall.
Global Bond managers nominated in last year's Fund Manager of the Year Awards continue to outperform despite tough sector conditions
M&G's Aled Smith believes US investors are likely to continue reaping the benefits of increased corporate action to cut costs and boost operating efficiency through the current unfavourable economic conditions.
UK net fund flows have reached their highest quarterly level for three years, according to Lipper's quarterly fund sales report.
Skandia Investment Group is replacing Schroders Strategic Bond Fund with M&G's Optimal Income fund t...