Neptune's Rob Burnett has moved from an underweight to a neutral position on banks for the first time since 2009 on his £1.12bn European Opportunities fund in the belief a solution to the Eurozone sovereign debt crisis is "imminent".
Neptune's Ted Alexander has turned over almost 100% of his UK Equity fund since taking over the mandate three months ago.
Neptune's head of US equities Felix Wintle has doubled the financials exposure in his £667m US Opportunities fund and is preparing to take his long-term underweight to the sector to neutral.
Neptune is exiting the fixed income space, with the closure of its Corporate Bond and International Bond funds, both run by Ted Alexander.
Neptune CEO Robin Geffen has dismissed fears China is overheating, but warns there is a bubble forming in bond markets.
Neptune's head of US equities Felix Wintle is preparing to increase exposure to financials in his US Opportunities fund, which has had a long-term underweight to the sector.
Neptune's Felix Wintle believes the US stock market can extend its strong recent run into the New Year as the outlook for corporate earnings remains positive.
Neptune has replaced Jeremy Smith as manager of the £53m UK Equity fund following a period of underperformance.