Equities

Former Carmignac head of emerging market equities Simon Pickard and colleague Edward Cole are to join Man GLG.

Crispin Odey's flagship portfolio sustained heavy losses last month after the manager appeared to be caught out by a move in the Australian dollar.

Smith & Williamson has hired two former co-leads of global equities at Pictet to take over its American trust as Tana Focke retires after 20 years at the helm.

Baillie Gifford's Ian Tabberer, manager of the £475m American fund, has left the firm.

The manager of the £1.9bn Newton UK Income fund is running close to his maximum overseas allocation in an effort to mitigate the risks to the fund from the upcoming UK election.

Aberdeen Asset Management will consider additional acquisitions following its purchase of Scottish Widows Investment Partnership (SWIP) last year, chief executive Martin Gilbert has said.

Rory Powe, recently appointed manager of the GLG Continental European fund, turned over 95% of the portfolio on day one of his tenure as he sought to skew the portfolio towards the market leaders he favours.

Fidelity is to reopen Alex Wright's top-performing UK Smaller Companies fund after restricting inflows two years ago.

Allianz Global Investors' Kunal Ghosh has warned of an imminent correction in the Indian equity market after a post-election bull run.

Standard Life Investments' GARS team has revealed the latest portfolio changes on its £25bn retail fund after a healthy start to the year.