Managed funds

Jupiter's Merlin multi-manager team, led by CIO John Chatfeild-Roberts, have refused to rule out the possibility of a default by a nation in "the garlic belt" of Mediterranean countries.

MAM Funds' Martin Gray is eyeing developed market government bonds with a view to reinvesting in the asset class, after taking profits over the summer.

Threadneedle has launched a multi-asset absolute return fund for new hire Toby Nangle who joined the group this year from Barings.

Jupiter chief investment officer John Chatfeild-Roberts has outlined the shape of his Merlin Conservative portfolio, which will launch later this month, marking the fifth edition to his £7bn strong fund of funds range.

Apollo Multi Asset's Tom McGrath considers the possible unintended consequences of Fed chief Ben Bernanke unleashing a third round of quantitative easing at the upcoming meeting.

Wealth manager Brooks Macdonald has announced a spate of acquisitions alongside a hike in profits which have jumped 17% to £8.5m year-on-year.

Invesco Perpetual has appointed David Millar, Dave Jubb and Richard Batty to form a new multi-asset group as part of a drive to expand its business.

Smith & Williamson Investment Management is launching a range of risk-rated funds via SimplyBiz's investment service Verbatim.

Investment boutique Dominion Fund Management has launched a global trends product, designed to capitalise on the growth of ten specific global sectors.

For right or wrong, it is an incontrovertible fact that more and more investors, as well as their advisers, are making the shift to using passive funds as part of their diversified portfolios.