Stuart Chilvers News Today

Rathbones is set to add a global sustainable bond fund to its fixed income range on 30 November 2023.

Equities face significant challenges as monetary policy is looking to slow markets down by disincentivising risky investments. By contrast, boring bonds are offering security to investors – with 6% income a realistic return.

The BoE has forecast rising interest rates could create a higher risk of defaults, but managers predict it will be worse than the bank’s outlook.

Manager of the £209m Rathbone High Quality Bond fund Noelle Cazalis is leaving the firm after more than eleven years.

Current manager Noelle Cazalis is exiting the firm after 12 years

Key events for UK wealth managers for the week starting 28 February