The Fundsmith Emerging Equities trust will list on the London Stock Exchange tomorrow after raising £193m in its offer period.

Lloyds Banking Group has increased the amount of shares it is to sell as part of the TSB initial public offering following stronger than expected demand.

Invesco Perpetual head of UK equities Mark Barnett is finalising new hires to his team as he seeks to strengthen its capabilities following recent departures to Woodford Investment Management.

Newton Investment Management CEO Helena Morrissey is to chair the new organisation arising from the merger of the Association of British Insurers (ABI)'s investment affairs division and the Investment Management Association.

Franklin Templeton's Michael Hasenstab has told Investment Week investors should ready themselves for the second phase of the ‘great rotation' seen in some bond markets last year.

36 South, the hedge fund whose ‘Black Swan' vehicle returned 200% in 2008, plans to launch a UCITS version of its long-volatility structure for investors concerned with the current market environment.

Housebuilder stocks have fallen and the pound is nearing 1.70 against the dollar as investors react to Mark Carney's change of tack on interest rates and new measures that may curb mortgage borrowing.

If you were asked to name a high-profile fund manager launching a new vehicle this month via a three-week offer period, it is fair to say Terry Smith would rank a distant second to another well-known industry figure.

Neil Woodford's new fund is a focal point of investor interest at the moment, but those looking to diversify their UK equity income exposure have a number of alternatives.

Franklin Templeton has soft-launched two multi-asset funds for recent hire Toby Hayes ahead of a full launch later this year.