Funds

Natixis Global Asset Management (NGAM) has launched its second onshore fund, the Loomis Sayles US Leaders fund, with seed money from Aberdeen Asset Management.

The board of the Schroder Oriental Income investment trust, managed by Asian specialist Matthew Dobbs, is undertaking a £100m C-share issue to meet investor demand.

Skandia has said its discounted fund panel Select will not be affected by the Financial Conduct Authority's (FCA's) final rules on platforms, despite a ban on subsidies.

The Association of Investment Companies (AIC) has named the top 20 performing and most consistent investment companies over the past decade.

Old Mutual Wealth, comprising Skandia and Old Mutual Global Investors, reported assets under management rose by 8% in Q1 to £74.5bn, driven by a stronger performance in areas like its international business.

Cofunds CEO Martin Davis is to leave the business following a restructure in the wake of its sale to Legal & General (L&G).

F&C Investments' Jeremy Tigue has taken UK exposure in his £2.6bn Foreign & Colonial investment trust to a 30-year low on fears the UK is lagging behind other markets in the dividend stakes.

Darwin Investment Managers has launched a model portfolio service comprising three funds managed by multi-asset veteran David Jane.

AXA Wealth's Elevate platform has seen assets under management increase 50% from £4bn to £6bn, according to its first quarter results.

GLOBAL