UK

Gartmore's annual results, released today, show £7.2bn of assets left the firm in 2010, compared to a net inflow of £300m in 2009.

Threadneedle's co-head of UK equities Simon Brazier has been buying into "unloved" UK domestic stocks in the view valuations are attractive compared to those with coveted emerging market exposure.

Sanford DeLand Asset Management is preparing to launch a UK-focused fund based on the principles of veteran investor Warren Buffett.

The former head of multi-manager at F&C, Dean Cheeseman, has joined Mercer as an equity portfolio manager within its investment management business.

The Investment Management Association (IMA) has confirmed it is leading efforts to shore up troubled Keydata-backer Lifemark, as part of a bid to recoup the fund management sector's £233m FSCS bill.

The Chancellor has defended the Bank of England over rising inflation and denied the government is making its job more difficult.

In interviews conducted just before and after the release of the Q4 GDP numbers, most UK growth managers were in line with the consensus view the UK economy is unlikely to slip back into full recession.

A little-known fund has trumped more established rivals to clinch a top position in the UK Smaller Companies sector.

The Financial Times columnist Samuel Brittan wrote recently about the current obsession with reviving old economists' work to look for contemporary lessons.

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