News

Henderson's Mark Harris has built a significant position in Middle East and African equities in his three multi-manager portfolios.

Odey Asset Management has launched a new balanced managed product as the group continues to develop its wealth management proposition.

Fidelity's Trevor Greetham has cut exposure to risk assets to the lowest level in a year across his Multi Asset range on signs global growth is peaking.

M&G's Richard Woolnough has initiated a number of derivative positions in sovereign bond markets to try and profit from the volatility caused by recent eurozone pressures.

The Dow Jones has opened trading in negative territory with yesterday's surge petering out as cautious investors look to keep hold of profits ahead of the long weekend.

F&C intends to vote against Prudential's proposed acquisition of AIA amid increased investor opposition to the deal.

Jupiter CIO John Chatfeild-Roberts says recent market volatility can offer opportunities for investors, but warns they must protect their capital as much as possible.

Mark Hawtin, the manager of the Gam Star Absolute Europe fund, is taking a 24% position in technology as he begins to view the sector positively for the first time in 10 years.

Global equity markets rallied yesterday as China denied reports it was reviewing its eurozone investments, with markets on both sides of the Atlantic climbing over 3%.

Swip head of international equities Michael McNaught-Davis believes the possibility of slipping back into a global bear market has increased to 40% in recent weeks.