Managed funds

Schroders multi-manager Andrew Yeadon has pared back exposure to higher risk assets across his three portfolios, believing the global recovery will be more stunted than previously anticipated.

ASSET ALLOCATION

Thames River's multi-manager team has reached £500m of assets under management and is adding 20 new IFA firms a month to its client list.

Architas' Caspar Rock has restructured the Asian equities portion of his £64m Multi-Manager Growth fund to smooth returns.

ASSET ALLOCATION

M&G is planning to hand strategist and chief economist Steven Andrew his first lead management role, with the launch of a multi-asset income product.

Gartmore head of multi-management Tony Lanning has added the BlackRock European Dynamic fund to his portfolios, reducing his long-term underweight in the region.

Q&A FIDELITY

ASSET ALLOCATION

Asset allocation has been child's play since Labour came to power in 1997.