The J.P. Morgan Senior Secured Loans trust has failed to meet its £100m fundraising target after Investec Wealth & Investment opted not to back the launch.
Philip Saunders, portfolio manager of the the Investec Diversified Growth fund, has outlined four investment themes for investors to consider in 2014.
Royal Mail shareholders have been richly rewarded so far, with gains of more than 60% on their investment. But is the game up for now, or should investors hang on to shares ahead of the group's results?
Seven of the UK's largest asset managers are teaming up to gather information on end investors' needs in a move which could trigger changes to their fund ranges.
Investec's Wealth & Investment saw operating profit leap 35% in the six months to 30 September after enjoying £400m in net flows.