SWIP has launched its third multi-manager vehicle for duo Mark Harries and Simon Wood, the Optimal Multi-Asset fund.

US stocks reached 15-month highs on Monday, with both the Dow Jones and S&P 500 up at least 1.5% on the first trading day of 2010.

Adrian Collins is the new non-executive chairman Liontrust Asset Management, according to an announcement the group made this morning.

Manchester United is considering a £600m bond issue in an effort to curb its debts.

The FTSE 100 has climbed to a fresh 15-month high of 5,451.79 this morning, with the 0.72% rise continuing the strong gains posted over the festive period.

Old Broad Street Research has award the Absolute Insight Emerging Market Debt fund an A rating.

The UK's largest authorised property fund has bought its first property for more than two years, and is hopeful of buying about £200m more.

Max King, strategist and portfolio manager at Investec Asset Management, looks back over some of the developments of the past year and notes some key areas to watch in 2010.

Alliance Trust Asset Management has unveiled a high-conviction European Equity fund for former Scottish Widows veteran Fiona MacRae.

Henderson has agreed the final sale needed in order to re-open its New Star International Property fund, which has been suspended since 25 November 2008.