Graham Glass has joined City Financial to spearhead the group's fixed income operations, as the firm looks to build up its product range in this area.
Former Baillie Gifford European small-cap manager David Walton has joined Hargreave Hale to assist Giles Hargreave across his Marlborough small-cap unit trusts and the firm's VCT products.
European technology company earnings are set to bounce back this year but investors should tread carefully, according to Franklin Templeton European Growth fund manager Mike Clements.
Neptune founder Robin Geffen has blamed an underweight to financials for the recent poor performance of the £922m Neptune Income fund.
US fund managers who avoided technology giant Apple in the final quarter of last year have raced to the top of the IMA North America sector after the company endured a fierce sell-off.
The CF Miton Special Situations and CF Miton Strategic portfolios have fallen from the top of the IMA Flexible Investment sector to the bottom on a one-year view because of the managers' view on equities.
UK bond investors should be wary of rising inflation and consider diversifying to other markets, according to PIMCO fixed income MD Mike Amey.