Multi-asset

Philip Collins has joined Sarasin & Partners to run multi-asset portfolios for the group.

David Jane, founder of Darwin Investment Managers, has shared his top picks for a diversified portfolio amid growing fears investors are becoming too concentrated in some sectors.

Ignis Asset Management has launched the Luxembourg-domiciled Ignis Global Macro Government Bond Fund for Russ Oxley, head of rates.

Cazenove's Marcus Brookes and Robin McDonald have bought back into commodities for the first time since the financial crisis, snapping up funds which have sold off sharply on the back of tumbling commodity prices.

Five colleagues of the hedge fund fraudster Bernard Madoff are awaiting trial on Tuesday, following a five-year probe into one of the biggest Ponzi schemes in history.

MULTI-ASSET

US

Schroders' Rob Hall has rejoined Russell Investments after two and a half years away from the firm.

Assets under management held by UK fund managers hit a record high of £5.4trn by the end of 2012, with more than a third of funds originating from overseas clients, new research has revealed.

National IFA Positive Solutions has accepted it made a mistake when one of its former advisers recommended a client invest in troubled Harlequin Property - and has offered to pay back the amount invested with interest, IFAonline understands.