Jeffrey Lum has almost doubled technology exposure in the Marlborough Far East Growth fund over the first quarter of the year.

F&C's multi-manager team has introduced a fund which offers a hedge against eurozone equity volatility.

Former Federal Reserve chairman Alan Greenspan has defended his economic policy record at a US congressional hearing into the financial crisis.

BNP Paribas Investment Partners has integrated Fortis Investments to create the eleventh largest asset manager in the world.

Premier Asset Management has renamed its Absolute Growth fund and switched its IMA sector classification to more adequately reflect the fund's new investment remit.

The FTSE 100 was marginally up in early trading, by 0.06% or 3.41 points to 5,748, only a few hours before the Prime Minister Gordon Brown is expected to call a General Election for 6 May.

Manchester & London Investment trust and Stakeholders' Momentum Investment trust are considering merging to improve their liquidity and reduce costs.

Hargreave Hale plans to use rules that governed the VCT sector prior to April 2006 when making new qualifying investments for its two AIM VCTs.

The Government has announced a consultation into the tax regime for investment trusts, which will include rules on direct property investment.

Aberforth Partners is launching a split-cap investment trust that will offer enhanced income by investing in UK small caps.