News

After a decade of scant gains, some investors are now piling into pharmaceuticals as a combination of high yields and attractive valuations draw managers in, but is this the start of a decade-long move up?

First State Investments' Angus Tulloch and Jonathan Asante have both been adding to resources stocks in recent weeks across their GEM portfolios, following the sharp pullback in the gold spot price and the valuations of a number of miners.

The UK may be about to experience its first real property crash, according to Justin Urquhart Stewart, founder of Seven Investment Management (7IM).

Dalton SP's Nabeel Mughal has cut consumer discretionary stocks and piled the cash into industrials on fears over the strength of US consumer spending.

Investec's Alastair Mundy has moved a significant portion of his £2.5bn Cautious Managed fund into gold bullion for the first time following savage price falls for the precious metal.

M&G saw funds under management hit a new record in Q1 as strong sales in Europe offset outflows from the UK market after moves to slow flows into its leading bond fund range.

HSBC has reported profits doubled in the first quarter of the year compared to the same period in 2012 as the lender nears the end of a three-year restructuring programme.

The Liontrust Income fund, headed up by Gary West and James Inglis-Jones, has reversed its focus on the UK in favour of a global mandate to tap into a larger universe of dividend paying stocks.

Veteran investor Warren Buffett has told investors Ben Bernanke's interest rate policy has been "brutal" for holders of bonds and punishing to savers.

Darwin Investment Managers has launched a model portfolio service comprising three funds managed by multi-asset veteran David Jane.