Cautious Managed

Investec is launching an inflation-linked fund, targeting a return of CPI inflation plus 5%, as part of an expansion of its Managed Solutions fund range.

BOUTIQUE FOCUS

SWIP multi-manager head Mark Harries is moving back into equities, after halving his exposure following last August's sell-off.

Anthony Nutt and John Hamilton are to step down as co-managers of the £250m Jupiter Distribution fund after a decade of service as the group promotes two rising stars.