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Liontrust global head of fixed income David Roberts is set to retire from the industry after a career spanning 34 years.

Liontrust global head of fixed income David Roberts is set to retire from the industry after a career spanning 34 years.

Good morning and welcome to your Morning Briefing for Thursday 17 February, 2022. To get this in your inbox every morning click here. M&G buys TCF M&G has bought investment manager TCF Investment to become a provider of model portfolio services. The deal has been approved by the FCA. TCF will become part of

Extreme stimulus measures and unprecedented monetary policies have been "lulling investors into into a false sense of security"

The remaining half of the new sectors include USD Mixed Bond, EUR Mixed Bond, Global Mixed Bond, USD High Yield Bond, EUR High Yield Bond, Global High Yield Bond and a Specialist Bond sector, which is any bond fund that invests at least 80% in bond securities, but does not qualify for any of the other 13 sectors. "The new sectors more concisely and accurately separate funds according to their investment strategies. From a fund selectors' point of view, this is a positive step forward. The new sectors provide a more useful starting point for uncovering the best funds available in specific area...