Insight Diversified Target Return fund is moving from the IMA Cautious Managed sector to the Absolute Return peer group to better reflect its investment process.
Aberdeen's multi-manager team has restructured its £95m Constellation fund into a portfolio of 20 equally-weighted best ideas, in a bid to differentiate it from the range's £66m Equity Managed fund.
GAM has launched a UCITS III version of its fund of hedge funds, GAM Trading, aimed at retail investors.
BlackRock is preparing to expand its equity income fund range with the launch of onshore global, European, and resources offerings.
Unauthorised unit trusts have been targeted by the Treasury in its latest tax avoidance clampdown.
The Chancellor George Osborne has proposed scrapping the 2% conversion charge on real estate investment trusts (Reits).
Moody's says it has seen signs of improvement and increased profitability in the hedge fund sector this year following strong performance in 2010.
Castlestone Management has launched a gold and precious metals equities fund for CEO Angus Murray.