Fixed Income

SEDUCED BY YIELD

Franklin Templeton Investments has appointed David Zahn to head its European fixed income team following an overhaul of its strategy in this area.

Threadneedle's Michael Poole is to become lead manager on the group's £790m European High Yield Bond fund as Barrie Whitman steps back.

MULTI-ASSET

SECTOR REPORT

Retail investors should be able to access less liquid investment strategies so they can benefit from longer-term investment decisions, according to new RWC Partners CEO Dan Mannix.

Income is the dominant theme among investors at the moment, with the focus on UK equity income spreading to other areas including Asia and emerging markets, according to Adrian Lowcock, senior investment manager at Hargreaves Lansdown.

Prudential has reported operating profits for 2012 of £2.5bn, up 25% on the previous year.

Threadneedle is preparing to soft-close Philip Dicken's £1bn Pan-European Smaller Companies fund.

SECTOR REPORT