JO Hambro Capital Management (JOHCM) is to launch a Global Opportunities fund for Ben Leyland, manager on the top-performing UK Opportunities fund, by the end of Q2.
Cash positions across bond funds are creeping up as managers struggle to maintain liquidity in an environment of restricted bank lending.
Schroders' Kevin Murphy and Nick Kirrage have moved their £1.1bn Income fund close to its maximum allowed overseas weighting to escape the "extreme" concentration seen in the UK market.
Schroders' corporate bond manager Adam Cordery expects fund managers will typically hold an average 10% in cash in the future, as liquidity in the market dries up.
Schroders' Asian Alpha Plus fund manager explains why he is not ready to go ‘hell for leather' on China, warning the economy faces challenges to shift to a domestic growth model.
Alan Brown, the chief investment officer at Schroders, is to step down from the board and from his role as CIO at the next AGM.