Man Group has reported net outflows of $1bn in the first quarter, down from $2.5bn in the fourth quarter of 2011, as its flagship AHL product continues to impact on funds under management.

A strong pound could damage both the economy and portfolios as sterling hits new highs and the UK enters a technical recession for the second time in three years.

Equity investors who ‘sell in May and go away' look well placed for a third consecutive year of outperformance, according to research from Dennehy Weller's FundExpert.co.uk platform.

RBS has revised its Bank of England forecasts, scrapping its prediction of further QE and forecasting an initial hike in UK interest rates in the second quarter of next year.

Japan's central bank has further eased monetary policy by expanding its asset purchasing programme from 65trn to 70trn yen and buying riskier assets including ETFs.

The Bank of Japan has announced further asset-purchases as part of its latest bid to end 20 years of deflationary pressures - but how significant is its recent change in tack?

Jupiter has launched the Strategic Reserve fund for multi-asset specialists Miles Geldard and Lee Manzi, aiming to deliver a total return with low volatility.

Despite its roots across the Atlantic, Franklin Templeton is best known in the UK as an emerging markets specialist and, since its acquisition of Rensburg, for its UK equity capabilities.

The IMA's review of the Absolute Return sector may end up dividing it into three sub-sectors, according to Gordon Davidson, chair of the IMA Sector Committee.

Jupiter's Merlin multi-managers have added Phil Milburn (pictured) and Melanie Mitchell's Kames High Yield Bond fund to their £3.5bn Income and £1.3bn Balanced portfolios.