Hedge fund Trafalgar Asset Managers has boosted a bet F&C Asset Management's shares will keep falling following its plan to acquire Thames River.
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.
RBS has completed the sale of its metals, oil and energy business to J.P. Morgan in a deal worth $1.6bn (£1.1bn).
Axa Framlington's Nigel Thomas has boosted mid-cap exposure in his £1.6bn UK Select opportunities fund on expectations of superior growth prospects for the FTSE 250 this year.
Retail investors pull money out of UK All Companies but strongest managers in the group continue to deliver