Story by: Nick Rice, Investment Adviser
Manager of Barings Europe Select fund claims 1970s-style megacap investing conditions not prevalent at the moment
The head of European equities at Invesco Perpetual has taken a more defensive stance in his European Equity fund after dismissing managers' optimism on economic recovery as temporary.
The Investment Management Association has warned the draft alternative investment fund managers directive could have grave consequences for the asset management industry.
"Completely different reasons" prompted the recent resignations of two European equity managers at GAM, according to the firm's head of retail.
The manager of the BlackRock European Absolute Alpha fund has said he is reinvesting in the bugbears of the credit crisis, such as financials, autos, luxury goods and variable-rate borrowers.
Leading Organisation for Economic Co-operation and Development (OECD) indicators suggest the global recession may be easing, as the pace of deterioration begins to slow.
Manager describes sell-offs by those who wrote country off as as unjustified as fund gains almost 50 per cent
Marshall Wace, one of the UK's largest hedge fund managers, has launched its fifth Ucits portfolio as the financial crisis forces alternative investors to diversify their product line-ups.
An overweight in Russia and other distressed areas has helped the Ignis Hexam Emerging Europe fund gain almost 50 per cent this year after doomsayers wrote off the country as "bust".
Fast moving markets in Europe saw fund managers changing tack in the face of market rallies in the first quarter of the year, according to Standard & Poor's.
Artemis fund manager Philip Wolstencroft talks to Stephen Wilmot about learning from past mistakes
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