Swiss & Global Asset Management has expanded its range with the launch of the Julius Baer Absolute Return Europe Equity fund.
The single currency is unlikely to collapse despite the pressures of the European sovereign debt crisis, says John Greenwood, the Invesco chief economist.
Fidelity's Sam Morse is taking over management of the group's European Values trust, replacing Sudipto Banerji.
Skandia Investment Group has cut a €38m mandate run by Roger Guy in its European Best Ideas fund, with the firm taking swift action following the Gartmore manager's decision to retire.