Skandia Investment Group (SIG) has cut an £8m mandate run by Gartmore's Ben Wallace from its £62m UK Strategic Best Ideas fund, pointing to "disappointing" returns.
BNP Paribas subsidiary Privalto is closing its Millennium Tracker fund as it is too small to remain economically viable.
T. Bailey has become the first multi-manager to take a position in the £5.6bn Standard Life Investments' Global Absolute Return Strategies (GARS) fund.
Standard Life Investments is planning to launch a fixed income version of its popular Global Absolute Return Strategies (GARS) fund.
GLG Partners is launching a Ucits III version of its absolute return multi-asset global macro strategy.
In the latest Conjecture debate, our panelists from Legg Mason, Threadneedle and Standard & Poor's discussed absolute return funds.
HSBC Global Asset Management has launched a leveraged version of its flagship Global Macro absolute return fund.
HSBC has introduced hedged sterling share classes for its recently launched absolute return vehicles - the GIF European Equity Alpha and GIF Global Emerging Markets Equity Alpha funds.