Disappointing 2010 for funds of hedge funds lifted by 3.5% return in the fourth quarter as funds of long/short equity funds finally perform
Paul Carne, manager of the F&C Lifestyle fund range, is leaving the company to join an institutional investment consultancy firm.
T. Bailey multi-manager Elliot Farley is reducing his exposure to fixed interest and emerging markets in favour of developed market equities.
Hasley Investment Management and Way Group are set to launch a fund of ETFs in association with Cass Business School of London.
Premier's multi-manager David Hambidge has warned absolute return funds are at risk of 'eating themselves' and may die out if they continue to underperform.
Jupiter's John Chatfeild-Roberts has introduced energy exposure into his £6bn Merlin multi-manager range to benefit from rising oil prices, driven by political turmoil in the Middle East.