Schroders' star manager Richard Buxton has been boosting exposure to UK banks in the view they will not need further bailouts, and their share prices are too low to ignore.
Brian Gallagher, manager of the £22m UBS Equity Income fund, has left the firm, with his fund handed over to Edward Peter-Hoblyn and Richard Lloyd.
Managers fear France could be the next European nation in line for a downgrade as it steps in to support beleaguered bank Dexia.
Economists have predicted the MPC will leave the UK's base rate at 0.5% this week, despite mounting speculation it may slash it to 0.25%.
Managers have attacked the UK initial public offering (IPO) market, branding it as ‘broken', ‘dysfunctional' and ‘dead', following a summer of delays and cancellations.
Schroders has promoted Rob Hall to head of multi-manager and handed him co-manager responsibilities on a trio of funds.
The battle between investment trusts and OEICs is long standing, but when it comes to cost, one side comes out on top, writes Kyle Caldwell.
Schroders head of Asia ex-Japan equities, Robin Parbrook, said returns from China have been 'miserable' for the last two decades, and warned the country still faces major challenges.
Fears over liquidity and sovereign debt contagion mean the threat of nationalisation has spread to leading players in Europe's banking sector.