Brokerage firm Canaccord Genuity says shareholders should vote against the merger of F&C Commercial Property trust (FCPT) and the UK Commercial Property trust (UKCPT) because it is not in investors' interests.
M&G is planning to hand strategist and chief economist Steven Andrew his first lead management role, with the launch of a multi-asset income product.
Gartmore head of multi-management Tony Lanning has added the BlackRock European Dynamic fund to his portfolios, reducing his long-term underweight in the region.
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Paul Marriage's Cazenove Absolute UK Dynamic fund saw performance hit last month when his hedge fund was met with heavy redemptions. Both the retail fund and the hedge fund hold many of the same positions.
Asset allocation has been child's play since Labour came to power in 1997.
LV= Asset Management (LVAM) is to launch a new portfolio within its multi-manager range.