UK

Woodford Investment Management raised £1.6bn for the CF Woodford Equity Income fund during its offer period this month, the company has announced.

Hargreave Hale is seeking to raise £20m for its VCT range from new and existing investors.

Guinness Asset Management has launched the Guinness AIM EIS 2014, which is targeting capital growth and aims at investing in AIM-listed companies which qualify for EIS reliefs.

Invesco Perpetual head of UK equities Mark Barnett is finalising new hires to his team as he seeks to strengthen its capabilities following recent departures to Woodford Investment Management.

River and Mercantile has revealed it plans to close soft-close Dan Hanbury's UK Equity Smaller Companies fund - currently £360m in size - when it reaches £550m.

Mirabaud Asset Management has launched a Global Equity High Income fund for new recruit Kirill Pyshkin.

Neil Woodford is considering opening talks with his former firm Invesco Perpetual about a private multi-billion pound deal to bring across his old stakes in the country's largest stocks, and avoid creating havoc in their share prices.

The relative weakness in the small-cap market shows the market is having trouble digesting the extraordinary level of recent equity issuance, explains Franklin Templeton small cap manager Richard Bullas.

UK equity income funds recorded their best month on record in April as the ongoing demand for income solutions saw them rake in hundreds of millions of pounds.

Part II: Where is the best value: Large, mid, or small caps?