F&C's Paul Carne has taken an overweight equity position across his four-strong Lifestyle range.
F&C recorded a £78m net inflow into its onshore fund range in the third quarter.
F&C's head of UK equities Peter Lees is urging investors not to sell their UK holdings if this week's Government Spending Review is more negative than expected, as he says UK stocks are "not a UK story".
F&C Investments has launched a European equity fund aimed at providing investors with a combination of income and capital growth.
F&C will retain the £617m Commercial Property trust (FCPT) mandate following a failed takeover bid by Ignis-managed UK Commercial Property trust.
F&C multi-manager Paul Carne and analyst Catherine Sauer are to join Thames River by the end of the year, with Carne heading up the Lifestyle fund range when it migrates across.
David Einhorn, the US hedge fund manager who publicly questioned the health of Lehman Brothers before its collapse, has offloaded the majority of his stake in F&C.