City Financial is to merge its Multi-Manager Income fund with the Global Multi-Strategy fund, subject to unitholder approval.
This summer has been "a baptism of fire" for Standard Life Investments' £18.5bn Global Absolute Return Strategies(GARS)fund, according to strategist Andy Ford.
Former Skandia senior portfolio manager Ryan Hughes is to join Apollo Multi Asset Management, Investment Week can reveal.
Invesco Perpetual has rolled out its first multi-asset fund strategy for former Standard Life Investments' (SLI) managers David Millar, Dave Jubb and Richard Batty.
Artemis has relaunched Tim Steer's $60m UK Hedge fund as a European vehicle.
PSigma is to close Tom Becket's £18m Dynamic Multi-Asset fund, taking the firm's range down to three funds.