Multi-asset

Potential interest rate rise in 2014 could prompt flight from fixed income into commercial property.

Kames Capital plans to launch its first ever Property Authorised Investment Fund (PAIF) for retail investors in the first quarter of the coming year.

Eclectica hedge fund manager Hugh Hendry has said he has been forced to leave his bearish outlook behind as he faces up to a market "which only makes sense through the prism of trends".

Standard Life Investments' Global Absolute Return Strategies (GARS) range has passed the £30bn mark, according to the firm.

Duncan Goodwin, manager of the Martin Currie Global Resources fund, is to leave the firm at the end of the year.

City Financial plans to launch an independent fund research service in the spring for Peter Toogood and Gill Hutchinson.

David Coombs, head of multi-asset investments at Rathbone Unit Trust Management, has bought a number of new funds in the last few months as he rejigs his portfolios to focus on global growth.

Santander Asset Management UK has launched a range of multi-manager funds with an annual management charge of 40bps and a capped ongoing charge of 99bps.

F&C Investments is planning to launch a fifth fund in Gary Potter and Rob Burdett's risk-targeted Lifestyle range.

PROPERTY