News

F&C is preparing to launch a European absolute return fund for latest hire Randeep Grewal.

Berkshire Hathaway's Warren Buffett has urged investors to overlook the "prophets of doom" on the US economy, and says now is the time to make significant new investments.

T. Bailey multi-manager Elliot Farley is reducing his exposure to fixed interest and emerging markets in favour of developed market equities.

LVAM is mulling the launch of a strategic bond fund to add to its fixed interest range.

Investment trusts increased their dividend yields last year despite BP hampering many income portfolios, according to research by Oriel Securities.

Aberdeen is converting one of its Asian bond funds into a short duration product due to rising demand for the strategy.

PIMCO has soft-launched its Select UK Income Bond fund with its largest allocation to asset-backed and mortgage-backed securities.

Henderson's Bill McQuaker has reshaped the group's multi-manager range, giving it a greater European focus.

Schroders' chief economist Keith Wade says higher commodity prices are hampering economic growth as soaring oil and food costs take their toll on consumers.

Hasley Investment Management and Way Group are set to launch a fund of ETFs in association with Cass Business School of London.