News

Royal London's Bradley Mitchell says there is no foundation for the view the UK will enter a double-dip recession.

Ignis is eyeing the launch of its first internal retail fund since 2007 with an absolute return bond mandate for its rates team.

F&C's multi-managers have begun reducing exposure to defensive funds across their Lifestyle portfolios in the view that the global economy is in a gradual recovery.

PSigma's Bill Mott has positioned his £452m Income fund with a bias towards defensive high yield sectors, which he says have never offered such compelling value.

Markets are at a transitional stage but whether they move in an upward or downward direction over the next six months is still unclear, according to LV= European manager Richard Falle.

Ignis is eyeing the launch of its first internal retail fund since 2007 with an absolute return bond mandate for its rates team.

OPM's Tony Yousefian has increased exposure to gold within his multi-manager portfolios in the expectation that the gold price will rise a further 11% this year.

Neil Gregson is cutting exposure to gold mining stocks in the City Natural Resources High Yield trust as he sees better value in base metal miners.

Some parts of the high yield bond market do not have all the default risk priced in, warns Invesco Perpetual's Paul Read.

The manager of the £109m J.P. Morgan Mid Cap investment trust has significantly reduced the fund's gearing on concerns over the UK economic outlook.