Neptune

A quartet of top asset allocators reveal their favourite US funds.

ON ASIA

ON NORTH AMERICA

Several fund managers have warned the Bank of England is underestimating inflation in the UK, and they expect it to be higher for longer than predicted.

Neptune Investment Management CEO Robin Geffen expects UK dividend growth to rise sharply this year as favourable conditions for companies allow them to boost payouts.

ON UK INCOME

Neptune's Ted Alexander has moved from an underweight to a neutral position in energy in his £40m UK Equity fund since the end of last year.

ON EMERGING MARKETS

Rob Burnett, Neptune's head of European equities, has taken over the management of the European Income fund, supported by his team, following the departure of Karim Ladha.

Neptune's head of US equities Felix Wintle has boosted the energy position in his £667m US Opportunities fund from underweight to overweight since the end of last year.