Replaces Wealth 150
UK Leading Companies manager Richard Hallett warns against backing commodities too heavily.
The manager of the £41m Marlborough UK Leading Companies fund has taken small-cap exposure to its highest level since 2007, attracted by growth prospects and exposure to emerging markets.
The IMA UK Smaller Companies sector has delivered a second year of strong performance after generating phenomenal returns in 2009.
Marlborough has reorganised the management of its £68m Far East Growth fund in a bid to improve performance.
TIP OF THE WEEK
The manager of the Marlborough UK Leading Companies fund has upped his exposure to companies poised to benefit from growing emerging market demand for power.
Jeffrey Lum has almost doubled technology exposure in the Marlborough Far East Growth fund over the first quarter of the year.
Top-performing fixed interest manager Paul Reed is maintaining his focus on lower-rated bonds in 2010 after noting an easing of default risks.
Marlborough Fund Managers has renamed its Quantock UK Growth fund.
In 2009 we have seen a gold rush. Walking down the High Street, you will be fortunate not to trip over the signs of those eager to buy it.