Funds

Henderson SRI manager says expectations of Copenhagen summit were unrealistic

The Ignis-managed £979m UK Commercial Property trust is trying to merge with F&C Commercial Property trust to create one of the biggest vehicles in the sector.

Phil Doel's £45m F&C UK Select trust will be wound up after failing to beat its benchmark over the past two years.

JPMorgan has changed the name of its US Discovery investment trust following a change in the investment objective.

VCTs have doubled their fundraising in the most recent complete tax year, according to the AIC.

Edinburgh Partners' Dale Robertson has completed 95% of rationalisation task on trust

Fidelity Asian Values has introduced gearing for the first time since September. The £120m trust has drawn down $9m of a $15m loan facility it arranged ING Bank in February.

CONTRARIAN INVESTOR

HEALTHCARE

Last week saw major indices hit 18-month highs with many now comfortably sitting at pre-crash levels.