Polar Capital is considering merging its European Financials into the Financial Opportunity fund, which launches next month.

Aberdeen Asset Management has stemmed outflows substantially in the last five months following increasing interest in its global and emerging market equity funds.

Renewed fears over efforts to cool Japan's nuclear reactors have lead to a sluggish start to the week for European markets.

Strategic bond managers are adopting a defensive stance on their portfolios, cutting duration and selling down risk assets on fears over the global economy.

Japanese investment trust discounts have drastically tightened, with investors confident the area's long-term growth prospects remain in place despite the earthquake's impact on share prices.

LGIM's Richard Hodges believes the Bank of England's Monetary Policy Committee (MPC) would be "lunatics" to raise interest rates in May as it will put the UK at risk of a double-dip recession.

GDP figures for Q4 2010 have been revised up to 3.1% from the 2.8% forecast last month, helped by a rise in consumer spending and businesses restocking their inventories.

Richard Black is to manage Legal & General Investment Management (LGIM)'s first UK equity income offering.

Skandia Investment Group is planning to revamp Francois Zagame's Equity Income fund of funds, giving it a global remit and changing it from a fund of funds to a single manager portfolio.

The board of the Invesco Property Income trust has agreed a deal with the company's banks to restructure its loan facility.