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Lake to run Aviva high-yield bond fund

Andrew Lake has joined Aviva Investors, replacing Chris Higham, to take on the high-yield bond fund. Higham will continue as lead manager on the firm’scorporate bond fund.

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Currency conundrum

As Easter rushed towards me last week, there was little sign of the market pausing for breath. Private client stockbrokers of my acquaintance have been busy balanc-ing their clients’ capital gains positions. This time last year, there were no gains to offset to speak of. Now we are in a new tax year – a […]

Sub-Saharan Africa Near-Term Outlook

By Paul Caruana-Galizia, Neptune Economist

Sub-Saharan Africa’s economic renaissance continues. After growing at an average rate of five per cent over the past decade, the IMF projects an acceleration to 5.5 per cent growth among Sub-Saharan economies in the next two years, as developed economies emerge from the crisis. We expect this growth to be sustainable for three broad reasons.

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