Octopus Investments has bolstered its multi-manager suite with two launches, adding a global absolute return vehicle and an emerging markets fund.
As the precious metal lost 15% of its value, Philip Gibbs jettisons almost all gold holdings from the Jupiter Absolute Return fund through ETF sale.
Fund of funds head Bambos Hambi outlines his ambitious plans for Standard Life Investments' multi-manager range.
Thames River is to close its Absolute Return fund, managed by Ken Kinsey-Quick and James Rous, because of a lack of interest.
Philip Gibbs effectively sold out of his gold positions within the Jupiter Absolute Return fund in September, a month which saw the precious metal lose 15% of its value.
BG Group has reported a 17% increase in operating profit in the third quarter as higher commodity prices offset lower output in the UK.
The disparity of returns between hedge funds in September was the highest ever seen by Luke Ellis, head of Man's multi-manager unit and a veteran of the fund of hedge funds business.
RWC Partners is converting its UK hedge fund Pilgrim into a UCITS product to compete with the likes of BlackRock's UK Absolute Alpha fund in the retail market.