Funds

The AIC has appointed Ian Sayers as director general after he held the role of acting head of the organisation since the departure of Daniel Godfrey at the end of July.

Polar Capital's Technology trust rose 13.6% in NAV terms over the six months to 31 October, as its manager tilted the portfolio towards companies benefiting from web-based delivery of IT.

Jupiter has the most funds on Cofunds' eagerly awaited OBSR Researched Funds Panel with 10 vehicles making the grade.

Schroders Simon Webber warns a failure to reach agreement at the UN climate change conference could impact carbon intensive industries such as steel.

After the losses suffered in 2008, this year has proven something of a pick-up, with investors developing sharper defense mechanisms in the wake of the credit crisis. But what is providing the momentum driving investors into 2010?

F&C has been replaced as manager of the £290m Foreign & Colonial Eurotrust following prolonged underperformance.

Fund managers are cautiously optimistic about the outcome of the UN climate change in Copenhagen, though there is recognition any binding agreement will not materialise until the end of 2010.

There has been a recent resurgence in demand for closed-ended funds such as investment trusts as they are ideally structured for investment away from the mainstream

The board of the Premier Energy & Water investment trust has elected to extend the vehicle's life beyond its original 31 December 2010 wind-up date.

Discretionary boutique Cheviot Asset Management is set to launch a new multi-asset climate change fund.