Kames Capital is launching a Global Equity Income fund for Piers Hillier and Mark Peden, while the group has also announced details of its new RDR share classes.

Standard Life Investments' chief executive Keith Skeoch has argued two to five years is the optimal investment time horizon, and investing over a longer period will not necessarily lead to better returns.

Venture capital trusts (VCTs) are facing the prospect of a steep decline in fundraising if they are not granted an exemption from the FSA's ban into the sale of unregulated collective investment schemes (UCIS) to retail investors.

WOOLNOUGH

F&C Investments has moved to cut the annual management charge (AMC) across its £385m Lifestyle range, run by co-heads of multi-manager Gary Potter and Rob Burdett.

Broker Oriel Securities has compiled a ten strong list of investment trusts trading on discounts which are too attractive to ignore, while also naming ten companies which are too expensive to own.

Goldman Sachs chief executive Lloyd Blankfein has launched a scathing attack on the US government's austerity program, arguing growth will derail significantly once the Bush-era tax cuts expire in January.

Franklin Templeton Investments has bought a majority stake in hedge fund firm K2 Advisors Holdings (K2), expanding its alternative investments and multi-asset propositions.

UK income managers Neil Tong and Kenneth Warnock have left Alliance Trust Investments, Investment Week understands.

Jupiter chief investment officer John Chatfeild-Roberts has outlined the shape of his Merlin Conservative portfolio, which will launch later this month, marking the fifth edition to his £7bn strong fund of funds range.