UK

L&G UK Alpha trust manager Richard Penny has set a £500m cap for the fund as it rises up the performance tables.

Shareholders in the Gresham House investment trust have agreed to a plan to convert the business into a fund group following an extraordinary general meeting (EGM).

A raft of pulled IPOs in October point to a more rational environment for new listings, managers suggest.

Where has all the inflation gone?

‘Expectations for the UK are getting ahead of themselves’

FTSE 100 earnings may grow by as little as mid-single digits next year, but inexpensive P/E ratios mean buying on the dips still makes sense, according to Old Mutual Global Investors' Richard Buxton.

Debt levels remain extraordinarily high, and UK growth is being driven by debt-fuelled consumption and the wealth effects of overheating residential property, says Miton's Eric Moore.

Diverging fortunes for government bonds and credit in recent weeks have prompted some fund buyers to suggest strategic bond portfolios could flourish again in the coming months.

Divergent monetary policy is causing currency volatility, and the euro has slumped. BlackRock's Stuart Reeve explores how European equity investors can weather the turbulence.

Evaluating risk