Managed funds

The past two years have been, from a variety of perspectives, one of the most challenging periods in financial history.

Towergate Financial has launched its active multi-asset portfolios (MAPs), to be managed by Cazenove Capital.

Cost and value were the central factors in the active or passive debate 15 years ago and it is much the same today, the major difference being that funds find themselves in competition with their own peers rather than each other

Happy 15th Birthday, Investment Week! My how time flies… By coincidence it is also 15 years since we founded our multi-manager team at Rothschild.

HSBC is considering launching a global fund of passive funds as a low cost alternative to its actively-managed vehicle.

Paul Harvey is to leave the multi-manager unit he set up at GLG Partners.

Newton Investment Management is renaming its Equity & Bond fund and lowering its equity exposure.

F&C head of retail multi-management Dean Cheeseman believes continued hedge fund convergence into the retail space will dominate 2010's product launches.

Fund managers in the US have become more optimistic over the state of the US economy and markets, according to Hans Hamre of multi-manager specialist FundQuest.

PSigma Investment Management has promoted Balanced Managed Fund of Funds manager Tom Becket to its CIO position.