UBS is in talks with the Beijing municipal government on setting up a renminbi-denominated private equity fund as the Swiss bank looks to expand in China.
Roger Guy and Guillaume Rambourg have cut their Gartmore European Absolute Return fund's net market exposure from 32% to 18% this year in response to Greece's debt crisis.
Skandia Investment Group is adding an investment grade corporate bond fund to its Dublin-based range of single-manager products.
Baillie Gifford has increased its global equity capabilities with the launch of the Global Alpha Growth fund.
Reza Vishkai's Absolute Insight range of Ucits III strategies has made positive returns against cash over the three years since inception
Fixed income managers are warning parts of the emerging market debt universe have become considerably overvalued as a wall of money enters the burgeoning asset class.
Thematic approach ensures Newton UK equity income manager increases distribution and income throughout a tempestuous 18 months
Metric Property Investments, the retail property group led by three former British Land executives, raised £175m in its IPO, £25m more than initially targeted.
The Prudential chief executive Tidjane Thiam was under fire from shareholders last night after taking on a second high-profile job while trying to steer the insurer through a record takeover deal.
The Investec Multi-Asset Protector fund's protected floor has hit its initial launch net asset value after climbing over 25% since inception last year.