Investment managers uncertain over bond proxies 20/05/2015 Although attention has been focused on the volatility in the bond market, the impact has been felt in the equity market as well. Particularly vulnerable appear to be the so-called ‘bond proxies’ previously valued for the stability of their earnings and dividends, but which now look extremely expensive relative to the wider market. Could it be an inflection point for these stocks?
Canaccord Genuity Wealth Management on rethinking its investment strategy 07/05/2015 The team at Canaccord Genuity Wealth Management has been adjusting its long-held overweight position on the US in the face of weaker economic data, reallocating to Japan and Europe, where economic growth is improving. Justin Oliver, deputy chief investment officer at the group, says that while sterling investors have done well out of an allocation to the US, trends do not persist indefinitely.