Former Rathbone High Income fund manager Hugh Yarrow will manage Wise Investment's new Evenlode Income vehicle.

Former New Star managing director of UK retail sales Simon Hillenbrand has joined Henderson as the group restructures its distribution team.

Emerging markets across Europe are reaping the benefits of recent stimulus injections and low personal debt to stay strong in the face of recessionary pressures, the Baring Emerging Europe trust says.

Neptune Investment Management has launched another global product for founder and managing director Robin Geffen, the Mature Markets fund.

Octopus Investments has unveiled a new suite of four multi-manager funds, launched as standalone vehicles and as the building blocks for its new risk-based discretionary service.

GLG Partners has launched a new fund targeting the debt of struggling UK and European companies.

Environmental and clean energy specialist Impax has won a €150m mandate to manage listed equities.

Thames River and Jupiter have unveiled new offshore launches to the UK and European market.

Smith & Williamson plans to re-domicile its Enterprise hedge fund from the Caymans to Dublin and convert it into a Ucits III structure by the first quarter of 2010.

Fidelity is set to complete the final phase of its multi-manager fund rationalisation, which will result in the closure of its FundsNetwork PortfolioManager range.