Global

Franklin Templeton is to overhaul its European equity OEIC and rebrand Ben Russon's UK Select Growth fund to create a new range of multi-cap portfolios, Investment Week can reveal.

GLOBAL

GLG Partners has launched a Total Return fund for its macro and relative value team, led by Jamil Baz and Sudi Mariappa

ON NORTH AMERICA

Dalton Strategic Partnership's Luca Vaiani has been forced to increase cash to over 30% in his multi-asset fund as most assets in the portfolio posted negative returns in June.

BIG QUESTION

HSBC Global Asset Management (HSBC GAM) is to roll out a series of funds tracking indices it recently launched which aim to lower volatility.

In a week when tapering talk reached fever pitch, one of our best read stories looked at the dollar slump as Fed chief Ben Bernanke said he will hold firm on QE for a while longer.

HSBC Global Asset Management has launched a short duration high yield bond fund aimed at investors looking for protection from the threat of rising interest rates.

The River and Mercantile World Recovery Fund has been made available to the retail market, following its soft-launch in March this year.