Multi-asset

Allianz Global Investors is set to enter the UK absolute return space in the first quarter of this year with UK equity and multi-asset products.

I think 2010 could surprise the sceptics, many of whom were wrong-footed by the 2009 rally.

Aberdeen has acquired £13.5bn of long-only multi-manager and fund of hedge fund assets from RBS Asset Management for £84.7m.

F&C's multi-manager team has added L&G Managed Monthly Income to the bond portion of its Lifestyle Defensive portfolio.

New Star's £741m UK Property fund has made its first purchase in over two years, a £10.5m retail unit in Chichester.

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.