Multi-asset

BHP BUY COULD DRIVE M&A

Legal & General IM is to reposition its £529m Diversified Absolute Return Trust in a move which may see it change the fund's name as well as its investment objective, Investment Week understands.

ON ASSET ALLOCATION

The output gap sounds like one of those obtuse concepts bandied about by professional economists to confuse the hell out of ordinary folk.

Study shows recovery in real estate prices is driving institutional investors back to sector.

RAB Capital has agreed terms over a proposed management buyout as the troubled hedge fund looks to delist from the AIM stock exchange.

Raings agency Fitch has branded European Absolute Return (AR) funds "prone to performace disappointment" and "mis-selling" to unsophisticated investors.

F&C may be forced to make a multi-million pound payout after it lost a case against two founding partners of its fund of hedge funds business.

Aberdeen's multi-managers have cut cash weightings in their portfolios by as much as two-thirds in anticipation of an improved economic environment.

Gold hit a further record high yesterday afternoon as Ben Bernanke said the Federal Reserve was prepared for QE3 while increasing risk of contagion in the eurozone worried investors.