Story by: James Smith, Investment Adviser
Weak sterling and improved M&A activity are creating a solid backdrop for small-cap outperformance in 2010, Henderson New Star's Neil Hermon has claimed.
Technology remains the only major sector with net cash on its collective balance sheet and outpaced the broader market in 2009, according to Polar Capital's Ben Rogoff.
Advisers must take extra precautions when selecting funds in the Cautious Managed sector, JPMorgan Asset Management's (JPMAM) Mike Parsons has warned.
Weak sterling and improved M&A activity are creating a solid backdrop for small cap outperformance in 2010, Henderson New Star's Neil Hermon has claimed.
Philip Gibbs has said his long positions on Chinese banks and Hong Kong property are a play on growth in the country, while his Norway holdings have been included on the back of the country's basic strength and good government finances.
The Baring Absolute Return Global Bond fund is currently short US and Australian dollars and Japanese yen as it continues to play a global reflation theme.
The Investment Management Association (IMA) will be launching a review of its Absolute Return sector next month.
Threadneedle is looking to launch two absolute return funds later this year, including a US offering.
Hargreaves Lansdown has removed the Martin Currie Global Alpha fund from its Wealth 150 buy-list, as two holdings - including National Bank of Greece - affected recent performance.
Castlestone Management last week launched its third Ucits fund, the Intelligent Portfolio Asset Allocation fund, which is available on Cofunds.
Mrs Holloway, 65, recently inherited roughly £200,000 on the death of her nonagenarian mother. Having given up work when her children were born, Mrs Holloway wants an income to supplement her meagre pension.
Advertising
It is unsurprising investors have started considering the equity income market; low global interest rates are producing effectively zero returns, while the 12-month historic dividend yield of UK FTSE All-Share offers 3.4 per cent today.
Recent research conducted by Capita Registrars claiming that UK companies cut their dividend payments by £10bn in 2009 made especially grim reading for those invested in the UK Equity Income sector, and indeed anyone with a company pension linked to the performance of the FTSE All-Share.
Location: Eastbourne
Salary: Salary to £35,000 plus ongoing bonuses
Location: London
Salary: £28000 - £32000 per annum
Location: London
Salary: £20000 - £25000 per annum
There’s something rotten in asset management. Maybe that turn of phrase doesn’t have the same ...