Managed funds

Schroders' Rob Hall has rejoined Russell Investments after two and a half years away from the firm.

Assets under management held by UK fund managers hit a record high of £5.4trn by the end of 2012, with more than a third of funds originating from overseas clients, new research has revealed.

THE BIQ QUESTION

Every fund experiences periods of underperformance from time to time, but which out of favour fund managers could be about to turn things around?

James Calder, research director at City Asset Management, has revealed the top five niche investments he holds in his portfolios.

ON ASSET ALLOCATION

Q&A

John Wyn-Evans has joined Investec Wealth & Investment as head of investment strategy.

City Financial is to merge its Multi-Manager Income fund with the Global Multi-Strategy fund, subject to unitholder approval.

SMART MONEY