Multi-asset

The top 10 global hedge fund managers have earned more than $153bn for investors since they were founded, a third of the 7,000-strong industry's returns.

Evercore Pan-Asset has launched two new risk-profiled funds after receiving FSA approval.

PROPERTY

Hedge fund manager John Paulson, who made billions out of the collapse of the sub-prime mortgage market, has been hit by the uncertainty surrounding in the US economy.

ON ASSET ALLOCATION

Neil Gregson has joined J.P. Morgan's global equities team as a portfolio manager.

Commercial property may have regained some of the ground it lost since the Lehman Brothers collapse but it appears investor sentiment is cooling on the asset class.

COMMENT

Clavis Walden is sticking with its plans to launch one of the UK's first property authorised investment funds (Paif), despite delaying it for eight months.

The first half of 2010 saw a deluge of multi-asset fund launches.