Leigh Harrison and Simon Brazier, the co-heads of UK equities at Threadneedle, have turned positive on the UK stock market despite forecasting GDP growth less than consensus expectations.
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Threadneedle is preparing to add wider powers to its Strategic Bond fund, giving it the ability to invest in a range of derivatives.
Simon Brazier, who quit as manager of the Schroder UK Equity fund earlier this week, has moved to Threadneedle to become co-head of equities.