schroders

The FTSE started the day positively buoyed by a strong start for bank stocks and increased hopes of a global recovery.

The manager of the £143m Finsbury Growth & Income fund believes technology stocks are in the middle of the bull run that could see prices reach dotcom levels.

INTERVIEW

Richard Buxton has added his name to a growing list of fund manager heavyweights casting doubt on the future of the beleaguered euro.

Schroder Income duo Nick Kirrage and Kevin Murphy have increased their position in BP over the past 48 hours, believing it is "almost inconceivable" it will face a fine above the $50bn level which would put its dividend in jeopardy.

Schroders' Andy Brough has dismissed concerns BP has become a takeover target or will be forced to cut its dividend, labelling investor reaction to the Gulf of Mexico disaster as "mad".

The FSA could be forced into a major U-turn on platform regulation as the UK's big three providers, with over 80% of total assets, labeled its proposals as "unworkable" in responses to the Discussion Paper.

Schroders' Andy Brough believes an eventual collapse of the euro would not be the Doomsday event many fear and could be the best scenario for many nations on the Continent.

GOSLING'S GROUSE

Schroders stalwarts Ian Lance and Nick Purves are to join RWC Partners in August to run Income and Value vehicles for the boutique