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<br /> The premier publication for the investment industry since 1995<br /> INVESTMENT<br /> 23 April 2012<br /> WEEK<br /> www.investmentweek.co.uk<br /> John Bennett . . . . . . . . . 6 John Redwood . . . . . . 19 Equity Income. . . . . . . 30 Bull & Bear . . . . . . . . . . 40 Ethical . . . . . . . . . . . . . . . 56<br /> Bolton Analysis. . . . . . 12 One to Watch . . . . . . . . 22 Conjecture. . . . . . . . . . . 33 Features . . . . . . . . . .47-59 Russia . . . . . . . . . . . . . . . 59<br /> Investment Trusts . . . 14 Fund Manager Focus 27 The Big Question . . . . 36 US Special . . . . . . . .49-55 Fund Data . . . . . . . . . . . 60<br /> MSCI EFM Africa index<br /> 1200<br /> 1000<br /> 800<br /> 600<br /> 400<br /> 200<br /> April 2008 April 2009 April 2010 April 2011<br /> 18 April 2008 - 18 Apri<a title="IW 23rd Apr 2012 page 1" href="http://viewer.zmags.com/publication/f41e96aa?page=1"> The premier publication for the investment indust</a> <a title="IW 23rd Apr 2012 page 2" href="http://viewer.zmags.com/publication/f41e96aa?page=2"> 2 Tel: Unless specified, prefix num</a> <a title="IW 23rd Apr 2012 page 3" href="http://viewer.zmags.com/publication/f41e96aa?page=3"> 3 Angus Tulloch on the three emerging market he</a> <a title="IW 23rd Apr 2012 page 4" href="http://viewer.zmags.com/publication/f41e96aa?page=4"> Hair is silver. Experience is gold. </a> <a title="IW 23rd Apr 2012 page 5" href="http://viewer.zmags.com/publication/f41e96aa?page=5"> 5 Managers outline their currency strategies. </a> <a title="IW 23rd Apr 2012 page 6" href="http://viewer.zmags.com/publication/f41e96aa?page=6"> 6 Comment </a> <a title="IW 23rd Apr 2012 page 7" href="http://viewer.zmags.com/publication/f41e96aa?page=7"> </a> <a title="IW 23rd Apr 2012 page 8" href="http://viewer.zmags.com/publication/f41e96aa?page=8"> 8 Webround-up:16.04.12-20.04.12 On the web t</a> <a title="IW 23rd Apr 2012 page 9" href="http://viewer.zmags.com/publication/f41e96aa?page=9"> Enhanced. Naturally more resourceful </a> <a title="IW 23rd Apr 2012 page 10" href="http://viewer.zmags.com/publication/f41e96aa?page=10"> </a> <a title="IW 23rd Apr 2012 page 11" href="http://viewer.zmags.com/publication/f41e96aa?page=11"> </a> <a title="IW 23rd Apr 2012 page 12" href="http://viewer.zmags.com/publication/f41e96aa?page=12"> 12 RISING TO THE GLOBAL CHALLENGE OLD MUTUAL GLO</a> <a title="IW 23rd Apr 2012 page 13" href="http://viewer.zmags.com/publication/f41e96aa?page=13"> Has our fund delivered absolute returns in tough </a> <a title="IW 23rd Apr 2012 page 14" href="http://viewer.zmags.com/publication/f41e96aa?page=14"> 14 Sponsored Editorial How to operate witho</a> <a title="IW 23rd Apr 2012 page 15" href="http://viewer.zmags.com/publication/f41e96aa?page=15"> THE UK'S NO.1 INDEX FUND PROVIDER* FOR INDEX FU</a> <a title="IW 23rd Apr 2012 page 16" href="http://viewer.zmags.com/publication/f41e96aa?page=16"> 16 For investment professionals only. Not to </a> <a title="IW 23rd Apr 2012 page 17" href="http://viewer.zmags.com/publication/f41e96aa?page=17"> 17 Revealed: the 10 riskiest sovereign</a> <a title="IW 23rd Apr 2012 page 18" href="http://viewer.zmags.com/publication/f41e96aa?page=18"> FRANKLIN UK MID CAP FUND DETECTS DETERMINES DELI</a> <a title="IW 23rd Apr 2012 page 19" href="http://viewer.zmags.com/publication/f41e96aa?page=19"> 19 Comment JOHN REDWOOD A tale of two cou</a> <a title="IW 23rd Apr 2012 page 20" href="http://viewer.zmags.com/publication/f41e96aa?page=20"> 20 News Analysts warn shares will not hit </a> <a title="IW 23rd Apr 2012 page 21" href="http://viewer.zmags.com/publication/f41e96aa?page=21"> </a> <a title="IW 23rd Apr 2012 page 22" href="http://viewer.zmags.com/publication/f41e96aa?page=22"> 22 OnetoWatch:FranklinTempletonUSOpportunities </a> <a title="IW 23rd Apr 2012 page 23" href="http://viewer.zmags.com/publication/f41e96aa?page=23"> 23 One to Watch </a> <a title="IW 23rd Apr 2012 page 24" href="http://viewer.zmags.com/publication/f41e96aa?page=24"> 24 Fund Selection Consumer group flags prod</a> <a title="IW 23rd Apr 2012 page 25" href="http://viewer.zmags.com/publication/f41e96aa?page=25"> UK Equity Income Fund Our strongest income ideas</a> <a title="IW 23rd Apr 2012 page 26" href="http://viewer.zmags.com/publication/f41e96aa?page=26"> www.blme.com Celebrating 3 years of ethical </a> <a title="IW 23rd Apr 2012 page 27" href="http://viewer.zmags.com/publication/f41e96aa?page=27"> 27 </a> <a title="IW 23rd Apr 2012 page 28" href="http://viewer.zmags.com/publication/f41e96aa?page=28"> </a> <a title="IW 23rd Apr 2012 page 29" href="http://viewer.zmags.com/publication/f41e96aa?page=29"> 29 Analysis RWC Partners' Ian Lance and Nick</a> <a title="IW 23rd Apr 2012 page 30" href="http://viewer.zmags.com/publication/f41e96aa?page=30"> 30 Analysis:EquityIncome Global vs UK equity</a> <a title="IW 23rd Apr 2012 page 31" href="http://viewer.zmags.com/publication/f41e96aa?page=31"> 31 UK hig</a> <a title="IW 23rd Apr 2012 page 32" href="http://viewer.zmags.com/publication/f41e96aa?page=32"> Investment Week is excited to be launching our ne</a> <a title="IW 23rd Apr 2012 page 33" href="http://viewer.zmags.com/publication/f41e96aa?page=33"> 33 Conjecture Our panel discusses risk appet</a> <a title="IW 23rd Apr 2012 page 34" href="http://viewer.zmags.com/publication/f41e96aa?page=34"> 34 Conjecture Continued from page 33 p</a> <a title="IW 23rd Apr 2012 page 35" href="http://viewer.zmags.com/publication/f41e96aa?page=35"> Tuesday 12th June 2012 The Cumberland Hotel,</a> <a title="IW 23rd Apr 2012 page 36" href="http://viewer.zmags.com/publication/f41e96aa?page=36"> 36 The Big Question Stewart Cowley, OMAM</a> <a title="IW 23rd Apr 2012 page 37" href="http://viewer.zmags.com/publication/f41e96aa?page=37"> 37 Post your views on www.investmentweek.co.uk/t</a> <a title="IW 23rd Apr 2012 page 38" href="http://viewer.zmags.com/publication/f41e96aa?page=38"> 38 Leader Forget what BoE says on inflatio</a> <a title="IW 23rd Apr 2012 page 39" href="http://viewer.zmags.com/publication/f41e96aa?page=39"> 39 The Contrarian Investor Bankers battle un</a> <a title="IW 23rd Apr 2012 page 40" href="http://viewer.zmags.com/publication/f41e96aa?page=40"> 40 Market Analysis: UK </a> <a title="IW 23rd Apr 2012 page 41" href="http://viewer.zmags.com/publication/f41e96aa?page=41"> </a> <a title="IW 23rd Apr 2012 page 42" href="http://viewer.zmags.com/publication/f41e96aa?page=42"> 42 MarketAnalysis:NorthAmerica/Europe James A</a> <a title="IW 23rd Apr 2012 page 43" href="http://viewer.zmags.com/publication/f41e96aa?page=43"> 43 MarketAnalysis:Japan/Asia HughYoung onJapa</a> <a title="IW 23rd Apr 2012 page 44" href="http://viewer.zmags.com/publication/f41e96aa?page=44"> 44 MarketAnalysis:AssetAllocation/Bonds Ayesh</a> <a title="IW 23rd Apr 2012 page 45" href="http://viewer.zmags.com/publication/f41e96aa?page=45"> Thursday 17th May 2012 Radisson Blu Portman</a> <a title="IW 23rd Apr 2012 page 46" href="http://viewer.zmags.com/publication/f41e96aa?page=46"> Great rates right across the board We're on a ro</a> <a title="IW 23rd Apr 2012 page 47" href="http://viewer.zmags.com/publication/f41e96aa?page=47"> 47 FEATUREINDEX </a> <a title="IW 23rd Apr 2012 page 48" href="http://viewer.zmags.com/publication/f41e96aa?page=48"> 48 Feature:Alternatives Gabriel Micheli, co-</a> <a title="IW 23rd Apr 2012 page 49" href="http://viewer.zmags.com/publication/f41e96aa?page=49"> 49 SpecialReport:US Commentandanalysisonthebig</a> <a title="IW 23rd Apr 2012 page 50" href="http://viewer.zmags.com/publication/f41e96aa?page=50"> 50 SpecialReport:US Will 2013 headwinds der</a> <a title="IW 23rd Apr 2012 page 51" href="http://viewer.zmags.com/publication/f41e96aa?page=51"> 51 SpecialReport:US </a> <a title="IW 23rd Apr 2012 page 52" href="http://viewer.zmags.com/publication/f41e96aa?page=52"> 52 SpecialReport:US Why investors should pr</a> <a title="IW 23rd Apr 2012 page 53" href="http://viewer.zmags.com/publication/f41e96aa?page=53"> 53 SpecialReport:US An upturn in the US hou</a> <a title="IW 23rd Apr 2012 page 54" href="http://viewer.zmags.com/publication/f41e96aa?page=54"> Delivering outperformance since launch </a> <a title="IW 23rd Apr 2012 page 55" href="http://viewer.zmags.com/publication/f41e96aa?page=55"> 55 SpecialReport:US Tana Focke, fund manager</a> <a title="IW 23rd Apr 2012 page 56" href="http://viewer.zmags.com/publication/f41e96aa?page=56"> 56 Feature:Ethical The top sustainability me</a> <a title="IW 23rd Apr 2012 page 57" href="http://viewer.zmags.com/publication/f41e96aa?page=57"> Jupiter Ecology Fund Here today. For tomorrow. Ju</a> <a title="IW 23rd Apr 2012 page 58" href="http://viewer.zmags.com/publication/f41e96aa?page=58"> The City of London Investment Trust How di</a> <a title="IW 23rd Apr 2012 page 59" href="http://viewer.zmags.com/publication/f41e96aa?page=59"> 59 Feature:InvestmentTrusts Russia finally o</a> <a title="IW 23rd Apr 2012 page 60" href="http://viewer.zmags.com/publication/f41e96aa?page=60"> 60 The Consistent 50 Over three years across</a> <a title="IW 23rd Apr 2012 page 61" href="http://viewer.zmags.com/publication/f41e96aa?page=61"> 61 The Consistent 50 Methodology 3-yr Gen</a> <a title="IW 23rd Apr 2012 page 62" href="http://viewer.zmags.com/publication/f41e96aa?page=62"> 62 Stats: Unit Trusts/OEICs Morningstar/OBSR</a> <a title="IW 23rd Apr 2012 page 63" href="http://viewer.zmags.com/publication/f41e96aa?page=63"> 63 Stats: Unit Trusts/OEICs Morningstar/OBSR</a> <a title="IW 23rd Apr 2012 page 64" href="http://viewer.zmags.com/publication/f41e96aa?page=64"> 64 Stats: Unit Trusts/OEICs Morningstar/OBSR</a> <a title="IW 23rd Apr 2012 page 65" href="http://viewer.zmags.com/publication/f41e96aa?page=65"> 65 Stats: Unit Trusts/OEICs Morningstar/OBSR</a> <a title="IW 23rd Apr 2012 page 66" href="http://viewer.zmags.com/publication/f41e96aa?page=66"> 66 Stats: Unit Trusts/OEICs Morningstar/OBSR</a> <a title="IW 23rd Apr 2012 page 67" href="http://viewer.zmags.com/publication/f41e96aa?page=67"> 67 Stats: Unit Trusts/OEICs Morningstar/OBSR</a> <a title="IW 23rd Apr 2012 page 68" href="http://viewer.zmags.com/publication/f41e96aa?page=68"> 68 Stats: Unit Trusts/OEICs Morningstar/OBSR</a> <a title="IW 23rd Apr 2012 page 69" href="http://viewer.zmags.com/publication/f41e96aa?page=69"> 69 Stats: Unit Trusts/OEICs Morningstar/OBSR</a> <a title="IW 23rd Apr 2012 page 70" href="http://viewer.zmags.com/publication/f41e96aa?page=70"> 70 Stats: Investment Trusts Morningstar </a> <a title="IW 23rd Apr 2012 page 71" href="http://viewer.zmags.com/publication/f41e96aa?page=71"> 71 Stats: Investment Trusts Morningstar </a> <a title="IW 23rd Apr 2012 page 72" href="http://viewer.zmags.com/publication/f41e96aa?page=72"> 72 The Back Page </a>