Standard Life Investments has launched a fixed income version of its £7.3bn Global Absolute Return Strategies (GARS) fund, managed by the same team.

Threadneedle's Vanessa Donegan has stepped down from her position as co-manager of the £130m Global Emerging Markets Equity fund, handing it to recent hire Irina Miklavchich.

Henderson's head of pan-european equities Stephen Peak has stepped down as lead manager of the £280m TR European Growth trust.

Giles Hargreave, chairman of Hargreave Hale and manager of Marlborough's £372m Special Situations fund, has positioned his portfolio to be heavily exposed to UK-listed companies trading internationally.

Octopus Investments has hired Simon Reynolds, an analyst working at AXA subsidiary Ipac, as a member of its multi-manager team.

Collins Stewart's Martin Turner has today joined MAM Funds as co-manager of Gervais William's Diverse Income trust.

John Millar is stepping down from his role as manager of the £135m Martin Currie Pacific trust after the board decided to reduce the trust's exposure to Japan.

Alliance Trust Asset Management is planning to launch a global equity income fund later this year as it looks to expand its retail product offering.

Skandia Investment Group has removed the Asian mandate within its £312m Global Best Ideas fund from Treasury Asia Asset Management's Peter Sartori, handing it to Far East specialist Tiburon Partners.

Generalist investment trusts failing to attract investors as macroeconomic headwinds grow.