Multi-asset

FEATURE

Law firm Regulatory Legal is preparing to launch a case against Baker Tilly over alleged mis-selling of Brandeaux property funds.

GAM has launched a tactical multi-asset fund to be run by its asset allocation team, headed by Graham Wainer.

Kames Capital is expanding its property management team with two new hires after launching its first ever Property Investment Authorised Fund (PAIF) last month.

London's Gherkin skyscraper has entered receivership after one of its owners filed for insolvency.

Legal & General is to convert its £1.2bn UK Property trust into a property authorised investment fund (PAIF) next month.

Multi-managers are continuing to turn to commercial property as they seek to combine capital growth with new income streams.

Hedge funds

Sarasin has scrapped the performance fee and reduced the annual management charges on its AgriSar fund as it prepares to rename the vehicle.

Jupiter's John Chatfeild-Roberts and team have added a commercial property play as well as funds from Invesco Perpetual and Majedie as part of the latest changes to their Merlin multi-manager portfolios.