Cazenove

Will excessive caution lead wealth managers to miss out on lucrative opportunities? Katie Holliday reports.

ABSOLUTE RETURNS

Paul Marriage, Cazenove's top performing smaller companies fund manager, has highlighted five UK-listed companies he expects to outperform in spite of the problems facing the UK economy.

Cazenove's head of pan-European equities Chris Rice has warned investors piling into safe havens such as bunds are at risk from a huge policy response in Europe.

Skandia Investment Group (SIG) has warned fund management groups which have integrated risk-rated tools into existing multi-asset propositions they are in danger of ‘misleading' investors.

Leading asset managers are calling for drastic changes to the way the IMA operates, with some arguing the trade body should no longer be responsible for sector names or definitions.

The countries of southern Europe (and elsewhere) are beginning to behave like teenagers after their first all-night party.

M&G became the UK's largest asset manager by AUM in the first quarter of the year, knocking rival Invesco Perpetual off the top spot, according to the latest Pridham report, published by Fundscape.

WORLD LEADERS

A growing focus on short-term fund performance combined with shorter market cycles is prompting professional investors to protect themselves by raising cash positions.