Standard Life Investments has moved to stop smaller platform investors from accessing its Global Absolute Return Strategies (GARS) fund's cheaper institutional share class by closing a loophole that waived the minimum investment.
US fund manager GAM has liquidated its underperforming GAM Star GEO fund run by Paul Udall after assets dwindled to under £10m.
The most read story on Investment Week's website this week concerned outgoing fund manager Neil Woodford and how Invesco Perpetual is moving to protect investors in his funds.
European equity funds focusing on value stocks have posted almost double the returns of their growth-oriented rivals this year, as cyclical companies and the European periphery outperform quality growth plays.
Charles Hepworth, investment director in charge of the DFM proposition at GAM, has revealed five new additions and fund switches in the group's model portfolios.
Investment manager GAM is to cut down its London and Zurich locations after revealing a drop in the US dollar kept AUM flat in Q3.