Equities

M&G Global Basics' new lead manager Randeep Somel has revealed some of the key holdings he has introduced since taking over from Graham French in November.

A trio of fund managers at Invesco Perpetual are exiting the firm to join Neil Woodford's new venture.

BlackRock is to launch an Asia Special Situations fund for Andrew Swan and Emily Dong, after bringing its first Asian equities fund to the UK market last summer.

Schroders' Andy Brough has sold his entire holding in Sports Direct, exiting one of his longest and highest-conviction holdings.

M&G's Tom Dobell has been upping his stake in the firm he described as formerly the "worst-run company" in the FTSE 100 in anticipation of a change of fortunes for the business.

Artemis is planning to launch a UCITS version of Tim Steer and Paul Casson's Pan European Hedge fund strategy later this year.

FEATURE

Investors have "never lost money" by choosing smaller companies over larger ones, according to Allianz Global Investors' Andrew Neville.

Standard Life Investments' head of global equities David Cumming has said the group has finally lost patience with banks over bonuses, prompting last week's shock decision to publicly oppose Barclays' remuneration plans.

Former New Star manager Patrick Evershed has reportedly been jeered at Barclays' AGM today after attempting to defend the bank's bonus proposals.