The manager of the £109m J.P. Morgan Mid Cap investment trust has significantly reduced the fund's gearing on concerns over the UK economic outlook.
Managers find returns in notoriously turbulent Japan sector, with Nathan Gibbs' Schroders Japan Alpha Plus fund outperforming in rising and falling markets
J.P. Morgan's global equities specialist Jeroen Huysinga has been rotating out of mid-cap stocks and into large caps on valuation grounds.
Boutique manager RWC Partners is to launch a Ucits III pan-European equity fund next month as the group continues its push into the retail market.
GEM Small Cap manager attributes performance to strength of investment platform