The property manager of the Mansion Student Accommodation fund has proposed a wind-up of the fund after redemptions were suspended for more than a year.
James Sullivan's new venture Coram Asset Management has launched a trio of funds as his former Miton co-manager Martin Gray joins the business.
Five fund houses predict the future for 2015
The precipitous decline in the oil price has continued this morning, with a further slump in Brent crude seeing it trade below $50 for the first time in more than five years.
Morningstar has launched a range of four real return portfolios as it further expands its discretionary management service.
No need to panic over oil price in freefall
Newton Investment Management has rebranded three funds in its mixed-asset range, as well as cutting charges on two portfolios and repositioning the third.
Former Dalton Strategic Partnership co-founder Magnus Spence has joined Dexion Capital as head of asset management.
Saudi oil minister Ali al-Naimi, the most significant voice in the OPEC cartel, has said the group will not cut production even if the price of oil falls to $20 a barrel.