m&a

HOW TO PROFIT FROM THE RETURN OF M&A

ON NORTH AMERICA

There will be a surge of M&A activity in the US this year as the economic recovery gathers pace, says PSigma's James Abate.

The deal will obviously significantly enhance Henderson's presence in the retail fund market, but crucially it will remove the uncertainty surrounding Gartmore's future.

The deal announced today is a neat swerve by Henderson to pick up Gartmore on a two for three shares basis, which allows everyone involved to walk away with a semblance of dignity and begins to draw a line under a tricky period, to say the least.

ON EMERGING MARKETS

ON UK GROWTH

ON NORTH AMERICA

TECHNICAL

An oil and gas overweight has been the biggest driver of outperformance for the £99m J.P. Morgan Smaller Companies investment trust over the past year.