Multi-asset

T.Bailey is capping the TER of its new passive international equity fund at 0.99% for the leading unit class.

Gartmore plans to merge its £23.6m Japan Opportunities fund into its new Japan Absolute Return fund.

SWIP has launched its third multi-manager vehicle for duo Mark Harries and Simon Wood, the Optimal Multi-Asset fund.

Property continued to top the retail best seller table in November for the second month running in what proved another strong month for fund inflows, according to IMA figures.

Schroder Global Climate Change manager Simon Webber believes clean energy stocks will continue to advance in 2010 despite this month's Copenhagen summit only delivering a "fudge" agreement.

The UK's largest authorised property fund has bought its first property for more than two years, and is hopeful of buying about £200m more.

Henderson has agreed the final sale needed in order to re-open its New Star International Property fund, which has been suspended since 25 November 2008.

Henderson's Bill McQuaker is coming to the multi-manager party with a different perspective

On the whole, 2009 is likely to be remembered as an extremely good year for risky assets, with equities as well as corporate bond markets posting stellar performance, albeit not without considerable volatility.

The downturn caused investors to move away from relative returns and resulted in a wave of new funds. Despite once being considered a flight of fancy absolute returns have proved they are here to stay