UK

The St James's Place UK High Income fund and two other portfolios have become the latest to exit the IMA UK Equity Income sector for failing to meet yield requirements.

Williams plans to double holdings as Miton UK Smaller Companies soars

Mark Barnett's Invesco Perpetual Income and UK Strategic Income funds are to exit the IMA UK Equity Income sector in the next few days.

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.