Multi-asset

Schroders has unveiled its third yield enhancing Income Maximiser unit trust, which is based upon the group's Global Property Securities fund.

UNJUST FEARS FOR PROPERTY

Shareholders in F&C's multi-manager funds have voted to merge with the Thames River Multi-Capital range run by Rob Burdett and Gary Potter.

Skandia has bought a £19m stake in the Liontrust Credit Absolute Return fund, spreading the investment across a number of portfolios.

Leading strategist Tim Bond left his position as head of asset allocation at BarCap this summer for a new role at Odey Asset Management.

It seems lost in the mists of market meltdown now, but hedge funds were widely blamed at the start of the financial crisis for practices that triggered the collapse.

A law firm which presided over the disappearance of €9.8m (£8.4m) from a global property fund sold through IFAs has been told it must pay back the missing money, a judge ruled today.

ON ASSET ALLOCATION

Hornbuckle Mitchell's Mary Stewart examines the government's revamp of the tax relief system and the implications this could have for property investors

Hedge fund manager John Paulson, who made billions by betting against subprime mortgages, has begun to exit the large positions he took in the hard hit banking sector last year.