Multi-Asset

Analyst warns investors to watch inflows into strategy

Group amends names and clarifies objectives

Head of global equities to take over

City Financial is to acquire the multi-asset range of Investec Wealth & Investment, bringing a further £204m in assets to the company.

Baring Asset Management has launched a multi-asset income fund for former Schroders manager Sonja Laud, targeting the UK retirement market.

Heartwood Investment Management has moved its range of funds into the IA Unclassified sector, joining a growing number of groups that have not been able to find a suitable peer group for risk-rated products.

HSBC Global Asset Management has added a new multi-asset income fund to its Luxembourg-domiciled fund range.

Standard Life Investments has appointed Shayne Dunlap co-manager of the Absolute Return Government Bond fund as former Ignis CIO Chris Fellingham leaves the firm.

The IA Japan sector is home to the most consistent fund performers over the past three years, according to the latest research by F&C's multi-manager team.

Miton's David Jane has revealed the extent of the challenge he faced following his takeover of the group's multi-asset funds from previous manager Martin Gray last year.