Schroders' Richard Buxton will snub the high-profile Ocado IPO, saying the 200p to 275p per share price is far too excessive.
While global economic strife sparked a recent sell-off in UK equities, Schroders' Richard Buxton says it would be unwise of investors to turn their backs on stocks now.
Richard Buxton has added his name to a growing list of fund manager heavyweights casting doubt on the future of the beleaguered euro.
A number of the UK's most respected fund managers have called for the removal of Prudential CEO Tidjane Thiam.
The proposed new tax on ‘super-profits' generated by Australian mining companies has seen the mining sector fall heavily again today.
Schroders' top managers and economists discussed their predictions for the outcome of the general election last week, and were largely in agreement that Britain is facing a hung parliament.
Schroders' Richard Buxton remains bullish on British Airways despite losses caused by the volcanic ash crisis and plans to increase exposure to the airline on further weakness.
This is about the election, but please do not let this put you off.
If there is any consensus amongst investors, strategists and financial commentators, it is that in the run-up to polling day sterling will weaken further, gilt yields will rise and the equity market will fall.