Managed funds

North's John Husselbee is taking over management of the Way Group's MA Growth fund, replacing T. Bailey.

ACTIVE MANAGED

Thames River multi-managers Gary Potter and Rob Burdett are set to become one of the first investors in Nick Purves and Ian Lance's new RWC income products.

ON ASSET ALLOCATION

Aberdeen co-heads of multi-manager Graham Duce and Aidan Kearney have been building up cash across their MM range on expectations of near-term pressure for equity markets.

Discretionary manager Fund Intelligence is tapping into adviser demand for outsourced solutions post-RDR by offering a range of model portfolios for ethically-focused investors.

ON ASSET ALLOCATION

ASSET ALLOCATION

Investec's Alastair Mundy is continuing to hold Norwegian bonds and gold in his £1.56bn Cautious Managed fund to protect investors should the efforts to stabilise the financial system eventually fail.

Cazenove is planning to launch an income fund for co-heads of multi-manager Marcus Brookes and Robin McDonald.