UK

The UK economy is struggling but it is not all bad news in the stock market.

BlackRock UK Income manager goes top-quartile with barbell approach to investing

The IMA is to close the UK Zeros sector on 30 September and move the five funds into the Specialist category.

Henderson New Star has received FSA and unitholder approval for the merger of a number of funds in the New Star UK equity range.

Bonds continue to dominate UK net retail sales although equity funds are starting to gain ground, according to IMA sales figures for July.

F&C has made a debt exchange offer to holders of its £260m in subordinated notes, in a move aimed at reducing its gross and net debt.

Hargreaves Lansdown has added the Cazenove Absolute UK Dynamic fund to its Wealth 150 list.

Thames River has appointed ex-Fidelity manager Trygve Tøraasen to its European equities team.

The overall economic picture, from the combined newsflow at macro and individual company level, is one of uneasy stability.

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