Multi-asset

The pace of new housing starts in the US has accelerated to its fastest rate in three years, providing a bright spot for US investors unsettled by weakening macro data.

In the latest Conjecture debate, our panelists from Rathbone Unit Trust Management and S&P Capital IQ discussed Multi-Asset

Henderson Global Investors has acquired French property asset management firm Horizon Investment Management.

SVM's Colin McLean is poised to sell out of the largest and most profitable holding in his £43m UK Growth fund after a drawn out battle by bidders.

COMMODITIES

CONTRARIAN

Investec's Alastair Mundy has stepped down from his role as manager of the Investec Managed Distribution fund, handing the portfolio to John Stopford and Max King.

Aviva Investors is shutting its Absolute Tactical Asset Allocation fund range on 11 July as a result of sub-scale net asset value.

John Duffield's firm Brompton Asset Management is to launch three multi-manager funds into the market, marking his first foray back into the retail space since the sale of New Star.

A number of fund providers are supporting the split of the Absolute Return sector into sub-categories based on strategy, which could see many vehicles in the Unclassified and Specialist sectors moved into the new groupings.