Policymakers including the Bank of England are underestimating the risks to recovery of international efforts to recapitalise banks, says Lombard Street Research.

Threadneedle has revealed the new manager line-up on several of its products following the departure of Peter Allwright and Stuart Frost for RWC Partners.

Skandia has removed George Luckraft from the manager line-up on its £142m UK Best Ideas fund.

Henderson has merged the New Star European Growth offshore Oeic into the Henderson Horizon Sicav and has renamed the vehicle the Henderson Horizon European Growth fund.

Jupiter has promoted Alastair Gunn and Rhys Petheram to the role of co-managers of the £261m Distribution fund, alongside Anthony Nutt and John Hamilton.

Henderson has launched a Ucits III global currency fund for Bob Arends, the head of currency.

Threadneedle has announced the revised manager lineup on several of its products following the departure of Peter Allwright and Stuart Frost for RWC.

Gartmore has launched a hedge fund for John Bennett on its European equities team.

Asset manager Neuberger Berman Europe is launching a Ucits III global equity fund

Skandia has removed George Luckraft from the manager line-up on its £142m UK Best Ideas fund.