schroders

UK EQUITIES

Schroders' head of UK equities Richard Buxton has said the FTSE could be set to move into a higher trading range after the index passed the 6,000 mark in a strong start to 2013.

Better than expected results at some of the UK's major retailers gave a lift to UK fund managers today as Xmas numbers beat gloomy forecasts.

Schroder's mid-cap manager Andy Brough has been given a boost from his stake in fellow asset manager Liontrust after its shares soared 10% in early trading today.

Aberdeen Asset Management has appointed Dimme Lucassen as a fund manager within the property multi-manager team, based in Amsterdam.

2012 was a particularly tough year for some sectors, notably commodities and gold, as fears over global growth weighed on demand for materials.

The Schroders-managed West End of London property trust is seeking to raise over £100m via an AIM listing giving investors access to its Jersey-domiciled vehicle.

ON UK INCOME

Schroders' head of UK equities Richard Buxton has publicly backed financier Nat Rothschild in his latest attempt to replace the board of coal miner Bumi.

Schroders Private Bank has highlighted the three areas of the market it expects to outperform this year, pointing to Japan, UK property, and commodities as potential winners.