News

BlackRock's chief equity strategist Bob Doll is still bullish on information technology despite some underperformance from the sector recently.

Special situations managers believe the Comprehensive Spending Review provides an entry point back into the UK equity market as they prepare to take advantage of businesses hit by government cuts.

Patrick Edwardson, the manager of the £393m Scottish American investment trust, has increased his UK exposure to a quarter of the portfolio, at the expense of overseas holdings.

AXA Investment Managers' Andrew Wilmont has taken the Pan European High Yield Bond fund's US exposure to its limit on the view European bonds are becoming expensive.

Threadneedle's Cormac Weldon has reduced his fund's allocation to banks after being hit by consolidation among cyclical stocks earlier this year.

UK dividends are rising for the first time since March 2009 as Artemis' Adrian Frost said dividend growth is back on the table.

F&C's head of UK equities Peter Lees is urging investors not to sell their UK holdings if this week's Government Spending Review is more negative than expected, as he says UK stocks are "not a UK story".

BUXTON'S 25 YEARS: PART II

The index of the UK's 100 leading shares has closed down on the day, with major insurers the biggest drag on markets.

Martin Currie is preparing to unveil its two newest products, a Latin America fund for the EM team it poached from Swip, and a Global Equity Income fund.