Managed funds

ON ASSET ALLOCATION

Man Group is to acquire hedge fund research and investment group FRM Holdings, rebranding its multi-manager business with the FRM tag.

MAM Funds is set to move four of its portfolios, including Martin Gray's £784m Special Situations fund, into different IMA sectors which better suit their investment mandates.

Fund groups are scrambling to develop risk-rated propositions ahead of the RDR deadline at the end of this year, with major houses including Jupiter planning how to enter the space.

Newton is to launch a Managed Income fund to retail and institutional clients, giving investors a single port of call for access to strategies run by Tineke Frikkee, James Harries, Jason Pidcock and others.

Adviser firm Dennehy Weller & Co has launched a research-based fund platform for self-directed investors.

MAM Funds' Martin Gray (pictured) and James Sullivan, managers of the Miton Special Situations and Strategic portfolios, analyse key events in economies and markets in the first quarter of the year, and the outlook for a range of asset classes

Jupiter has launched the Strategic Reserve fund for multi-asset specialists Miles Geldard and Lee Manzi, aiming to deliver a total return with low volatility.

MULTI-MANAGER

Canny investors should have heeded the "clear signal" to buy equities in December, as they are set to rise despite the threat of a bear market in bonds, said Investec's Max King.