Multi-asset

The seven key considerations to bear in mind for AA investments

HSBC Global Asset Management will merge its £26m American Growth fund into its £99m American Index portfolio following the former's struggle to outperform its benchmark.

F&C's multi-manager team has sold out of the Ignis Argonaut European Income fund in favour of Neptune's European Opportunities.

The LV= UK Property fund has spent more than £30m on new assets, including a portfolio from NFU Mutual Insurance Society.

Henderson has appointed Mark Harris as head of its £1.13bn multi-manager business, taking over from Bill McQuaker who will concentrate on his head of equities role at the group.

The Cautious Managed sector held on to top spot in the Cofunds sales chart for November for the third consecutive month.

Fund managers believe the outlook for clean technology stocks is increasingly positive following the US Environmental Protection Agency's declaration carbon dioxide is dangerous to human health.

Fund managers are cautiously optimistic about the outcome of the UN climate change in Copenhagen, though there is recognition any binding agreement will not materialise until the end of 2010.

Industry veteran Piers Denne has been hired by alternative investment boutique Future Capital Partners (FCP) to head up its new business development strategy.

Blacksquare Capital is launching a fund of absolute return funds in the New Year.