T.Bailey has received investor approval to merge its £1.8m UK Best Ideas fund into its flagship £158m Growth portfolio.
The FTSE 100 opened flat following a mixed performance in the US overnight. The UK index was up 0.07% or 3.07 points to 5,610.
Retail investors exited UK equities in favour of global and regional funds in January.
Former Liontrust managers Jeremy Lang and William Pattisson plan to set up a new asset management boutique.
Premier's Alex Ross believes targeting areas of the property market that are expected to show rental growth will be key this year.
Japan Growth fund to redenominate allowing shares to be included in FTSE All Share
Future Fuels is raising a £40m fund to invest in the British Renewable Transport Fuel (RTF) market.
CEO's baseline scenario is muted economic growth with muddled policy response
Commercial property sector is now offering good yields as well as good valuations, says SLI's Andrew Milligan
Fidelity European Values has attributed the company's underperformance to its defensive stance last year.