Equities

Gordon Elvey is to leave JO Hambro Capital Management as the group closes his US Opportunities fund.

Another investment theme with a catchy acronym is moving into the limelight, but is there a story behind the moniker?

WHY EQUITIES ARE NOT A GOOD HEDGE

Barings has recruited Wilfred Sit to fill the newly-created role of chief investment officer for the Asian business, four years after he left the group.

Interest rates will be held at the historic low of 0.5% in May as the economy remains muted, according to AXA Investment Managers' Chris Iggo.

UK EQUITIES

Investec Asset Management has launched the GSF Emerging Markets Equity fund for Archie Hart.

Schroders is this month launching the UK Core fund, the first in a suite of low cost actively-managed products, for Richard Buxton's UK equity team.

John Duffield's New Star investment trust has revealed a holding in the Fundsmith Equity fund, managed by City financier Terry Smith.

Collins Stewart has liquidated its UK Focus fund, after only garnering £1.6m in assets under management since launch in 2008.