SVM is planning to convert Colin McLean's UK Alpha fund into a global stockpicking vehicle, the SVM World Equity fund.
Standard Life's Harry Nimmo is predicting UK small caps will rise 10% in 2011, driven by emerging markets.
Janus Capital is launching its first two global bond funds, focusing on investment grade and high yield.
J.P. Morgan's Global Consumer Trends fund is expected to move from Specialist into Global Growth following the IMA's proposed changes to the sector, to compete with Graham French's £4.9bn M&G Global Basics.
Skandia is replacing Martin Currie's Tom Walker from its team of external managers running the Global Best Ideas fund in favour of a US manager used by Gartmore.
Australia and India have both raised interest rates by 0.25% on escalating inflation fears.
Fundsmith founder Terry Smith has laid down the gauntlet to other asset managers, offering a high-conviction equity fund with no initial charge and 1% AMC.