News

Newton Higher Income manager says lower yielding stocks have rallied over past two years

Artemis' Jacob de Tusch-Lec has sold down positions in the US and increased his weighting to emerging market stocks after the US' leading index hit a three-year high.

The US stock market could correct by up to 10% in the summer, according to Tom Walker, manager of the £707m Martin Currie North American fund.

Managers running UK-focused portfolios have turned to international stocks for returns as the UK's recovery continues to disappoint.

Almost half of RAB Capital's Special Situations investment trust will be invested in the Master fund of the same name when redemption requests are paid out in October.

The price of gold soared yesterday to hit a new record before falling back following the death of the world's most wanted man, Osama Bin Laden.

Newton's star income manager Tineke Frikkee has opened a position in Prudential following a leap of 27% in its final dividend.

US economic growth cooled off in the first quarter of 2011 with GDP growth of 1.8%, down from 3.1% the previous quarter.

Royal Dutch Shell has seen a 41% increase in profits in Q1, fuelled by the soaring price of oil.

Eclectica has changed the parameters of Hugh Hendry's £24m Absolute Macro fund, allowing him to make more aggressive bets.