News

RWC Partners has made significant changes to its Global Convertibles fund since the departure of former managers Miles Geldard and Lee Manzi.

Developing markets are now the world's safe harbours and have tackled fiscal challenges in a way Washington "can only dream about", according to Franklin Templeton.

The UK's new coalition Government is preparing to make large-scale spending cuts in an attempt to reduce the country's worryingly large Budget deficit, and managers are bracing themselves for the possible impact.

Asset backed securities (ABS) are presently the most attractive section of the corporate bond market, according to Royal London's Sajiv Vaid.

J O Hambro Capital Management's Clive Beagles has increased his exposure to domestic life insurers, which he believes have been 
ignored by the market since Prudential announced its doomed AIA deal.

PIMCO has launched its two flagship active equity funds into the UK, focusing on deep value equity strategies.

Ignis plans to exchange up to £40m in subordinated Northern Rock debt after the nationalised bank outlined plans to buy back the bonds at more than double previous trading levels.

Richard Buxton has added his name to a growing list of fund manager heavyweights casting doubt on the future of the beleaguered euro.

Neptune Income fund manager Robin Geffen has been adding to unloved utilities and healthcare stocks in recent months as he expects continued dividend growth in the £939m portfolio.

An anonymous bidder stumped up a record $2.63m to have lunch with investment guru Warren Buffett.