With yields verging on 3%, investors are starting to see US government bonds attractive as a safe haven, but is that the case as volatility has crept back into markets and equities have started to sell off?
Rathbones has removed its entire holding in Facebook from its Global Opportunities fund, with the fund manager saying the company has lost its consumer trust, but several investors continue to have large holdings in the stock.
Rathbones has addressed speculation it is preparing a takeover battle for 112-year old Scottish stockbroker, Speirs & Jeffrey.
Brexit-related outflows from UK equities and the departure of an experienced co-manager mean the top-quartile Rathbones UK Opportunities fund has failed to stymie redemptions, despite changes to fees and a product rebrand announced more than six months ago.
Rathbone Brothers is planning to develop its financial planning proposition more aggressively this year after nearing its target of £40bn funds under management.
Neil Woodford’s flagship Equity Income fund was downgraded in FE’s latest rebalance from five crowns to just one, six months after receiving the debut accolade.
Rathbones has appointed James Workman as an equity analyst on the Rathbone UK Opportunities Fund, supporting fund manager, Alexandra Jackson.
Rathbones’ Global Opportunities Fund has dropped its UK exposure from 25% to 7% over the past year.
Sterling poses the biggest threat to the UK economy, argues Rathbones’ David Coombs, and will ensure 2018 is another “difficult” and volatile period for markets.
The Rathbone Global Opportunities fund is running its lowest ever cash position because lead manager James Thomson is currently finding so many buy ideas in the market.
Rathbones has ranked technology as the second most-likely cause of low inflation in the UK over the next 20 years, just behind Bank of England monetary policy as the first.
Brooks Macdonald has strengthened its Hampshire-based investment team with the appointment of Jennifer Carter and Johnathon Rivers as investment managers, while reiterating its bearish stance on UK domestic stocks.
