Psigma Investment Management's investment team has increased its weighting to 10-year gilts and reduced exposure to European equities in order to defend against the increasing likelihood of the UK's departure from the EU.
As events such as the forthcoming EU referendum contribute to market uncertainty, managers tell Investment Week in this special two-part feature where they are finding the best uncorrelated assets that are helping their portfolios achieve 'true' diversification...
Volatile period for investors
Focus on European and South East Asian equities
Hardeep Tawakley takes a closer look at the evolution of specialist funds and speaks to buyers about their favourite offerings.
Topping up exposure on weakness
To work alongside CIO Becket
Investment Week asks managers for their view on 'Black Monday' and how they are protecting their portfolio amid ongoing market volatility
Turning risk upside down
Which sectors are ripe for consolidation?
Miton has acknowledged a "difficult" 2014 after posting a £5.5m pre-tax loss for the period.
Growing concern over co-investor risk is leading some buyers to turn away from pooled vehicles entirely in a bid to reclaim control of their investments.
What are the prospects for the eurozone in 2015?
Which asset classes will flourish this year?
Oliver Wallin, multi-manager investment director at Octopus Investments, has called for more providers to offer hedged share classes on their funds.
What surprises will the post-QE era hold for investors?
After a summer lull, fund buyers have begun the autumn again wondering how to deal with a raft of manager moves - with significant consequences for fund groups, in some cases.
Debt levels remain extraordinarily high, and UK growth is being driven by debt-fuelled consumption and the wealth effects of overheating residential property, says Miton's Eric Moore.
Where is the value in US equities?
UK equity managers say investors are starting to be rewarded by the mega-cap miner turnaround story, despite a mixed round of results from some of the mining giants in the last few weeks.
Last week, the S&P 500 soared past the 2,000 mark for the first time, surprising those who had expected a reversal of some of the 30% gain seen in 2013.
Which European stocks are bucking the dividend slowdown?