Funds

Raymond James has become the first platform to distribute Hermes' UCITs fund range.

Alliance Trust snapped up a £35m stake in European equities at the end of September to take advantage of ‘compelling valuations' across the continent.

Jupiter's Tony Nutt has opened a new position in BT Group in his £37m split-cap Dividend & Growth trust.

The soaring share price of Lions Gate Entertainment and Disney's $4bn acquisition of Lucasfilm demonstrate the increasing power of content providers, according to Alliance Trust Asset Management's Justin Atkinson.

The Association of Investment Companies (AIC) has backed industry calls for the FSA to relax planned rules restricting the sale of EIS and VCTs to retail investors.

ETHICAL

Clyde Rossouw, manager of the Investec Global Franchise fund, talks to Dan Jones about his strategy and recent portfolio moves.

Bidders for Credit Suisse's ETF arm will be getting it "on the cheap" as the sale is another example of a bank being forced to sell assets to strengthen its capital positions, according to Citi.

In less than three months, investment trusts will sit on a level pricing playing field with open-ended products for the first time, as the industry says goodbye to trail commission.

The technology firm behind the Cofunds platform is in talks to run a full platform service for the company, Investment Week's sister title IFAonline understands.