Fidelity

Fidelity's Sanjeev Shah has said he does not foresee a major market sell-off in the near term, as the FTSE 100 trades at a seven-month high.

Principal Investment Management's latest income study urges investors to switch out of Robin Geffen's £1bn Neptune Income fund, warning its global growth emphasis is likely to disappoint this year.

Fidelity is set to expand its multi-asset fund range with the launch of the Multi-Asset Income fund for managers Richard Skelt and Eugene Philalithis.

Jupiter Unit Trust Managers employs the most FE Alpha Managers with 12 on the newly revealed list for 2012.

Gary Shaughnessy, Fidelity's UK managing director, said a new fund charging method called total cost of ownership (TCO) should replace existing fund charges including TERs.

The asset management industry must create an industry standard to bring greater transparency to investment charges, Fidelity Worldwide Investment said today.

EQUITY INCOME

Fidelity's Dan Roberts is aiming to deliver a yield of 4% with his new Global Dividend fund with a focus on developed markets and reducing concentration risk.

Fidelity and Legal & General IM (LGIM) have given their support to Vince Cable's proposals to clamp down on boardroom pay and push for greater transparency.

Fidelity European fund manager Sam Morse has clashed with peer Chris Rice at Cazenove over the outlook for key European stock Nestlé.