M&G has moved its £360m offshore Property fund from creation to cancellation pricing as it has suffered "small but persistent" redemptions.
ON ASSET ALLOCATION
T. Bailey has promoted assistant manager Elliot Farley to head up its £36m Cautious Managed fund.
Standard Life Investments has seen appetite for retail products soar in 2010 with a 128% increase in net inflows in the first half of the year compared to the same period in 2009.
Cazenove has criticised the IMA for not bringing "vital clarity" for investors after the trade body decided against making changes to its Absolute Return sector for at least another 12 months.