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PIMCO

UK banks: The rally continues but is nearing the ‘sweet spot’ limit

Emmy Hawker
13 October 2026
Higher-for-longer interest rates could drag performance down, while City of London Investment Trust’s Job Curtis warns against a Budget bank tax hike.

BlackRock reverses longstanding US treasury underweight while downgrading US stocks

Gary Jackson
13 October 2026
The world’s largest asset manager has closed a six-year underweight in US government debt and downgraded US equities, as treasury yields trade at 24-year highs.

UK fund picks: Experts prefer smaller companies trusts

Matteo Anelli
12 October 2026
Aberforth and Aurora are among the favourites chosen by our fund pickers.

‘The index is completely meaningless,’ says top global value manager

Jonathan Jones
09 October 2026
Value indices include stocks that “no value manager” would own, although the broader global index also has its problems.

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