UK

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

Headline dividends more than halved in the first quarter of 2015, according to Capita, although it has revised up its annual forecast.

The combination of political risk and market volatility highlight how important effective stock picking and flexible investing will be for income managers, says Mark Wharrier, manager of the BlackRock UK Income fund

AXA Investment Managers is to merge its Framlington Equity Income fund into the Framlington Monthly Income fund, subject to unitholder approval.

Dan Nickols manager of the Old Mutual UK Smaller Companies fund, asks if UK smaller companies should realistically be trading at a discount to their large cap peers

FinnCap broker and former City AM diary editor Victoria Bates has joined Liontrust as the third fund manager on its Economic Advantage team.

BlackRock's head of UK small- and mid-cap equities Ralph Cox has resigned after over 15 years at the firm.

Troy Asset Management's Hugo Ure has been promoted to co-manager of the Income & Growth investment trust run by Francis Brooke.

Levels of liquidity in the UK mid and small-cap space are again under scrutiny following Schroders' decision to overhaul two funds to guard against the problem.

F&C is to launch an ex-UK version of its offshore European smaller companies fund for Sam Cosh.