News

BlackRock's Mark Lyttleton has cut his banking exposure on concerns a heavier burden of regulation and increased capital requirements are clouding the outlook for the sector this year.

Investec Asset Management is launching two UCITS III emerging market bond funds for Peter Eerdmans and Theo Stamos on 15 April.

UK stocks exposed to the domestic economy have been overlooked by the market and are attractively valued despite the gloomy outlook for the UK, says Tim Steer at Artemis.

Tim Guinness, renowned energy investor and manager of the $416m Guinness Global Energy fund, has tipped oil to fall below $100 per barrel within the next six to 12 months.

Fidelity's Robert Rowland has retired from portfolio management after 11 years, handing his Japan fund to June-Yon Kim.

Standard Life Investments' Ed Legget has moved overweight miners to take advantage of falling share prices across the sector, but has cut oil major BP from his portfolio.

Risk assets are in danger of selling off when the Federal Reserve's QE2 programme draws to a close in June, according to Standard Life Investments' economist Douglas Roberts.

Invesco Perpetual's Stuart Parks has moved his Asian fund more defensive in anticipation of a short-term ‘pause' in markets.

Brewin Dolphin held crisis talks with Alliance Trust last week as it called for the company to initiate further share buybacks to tighten its wide discount.

The £1.2bn Mercantile Investment trust has seen its discount tighten to below 10% following its recent share buyback programme.