Multi-asset

HSBC Global Asset Management has added a new multi-asset income fund to its Luxembourg-domiciled fund range.

Parmenion Capital Partners will unveil a new product which will blend both active and passive investments according to market conditions.

Miton's David Jane has revealed the extent of the challenge he faced following his takeover of the group's multi-asset funds from previous manager Martin Gray last year.

Allianz Global Investors is to close its EcoTrends fund in October, while in a separate move it will add the label 'multi asset' to its RiskMaster range.

Standard Life Investments' Global Absolute Return Strategies fund has suffered its first quarterly loss since mid-2013 in the three months to 30 June after it was caught up in the market volatility seen in the second quarter.

TIME Investments has launched a new property fund offering retail investors access to commercial freeholds.

L&G Investment Management (LGIM) has promoted Andrzej Pioch to co-fund manager on the multi-index fund range run by Justin Onuekwusi.

Kames Capital has strengthened its property team with the appointment of Jim Hartley as senior asset manager.

Prudential has hired David Shairp as head of research for its Prudential Portfolio Management Group (PPMG).

Vanguard has removed the dilution levy on its Lifestrategy funds after the range surpassed £2bn in assets under management.