Rathbones

Rathbones fixed income manager Bryn Jones has said this week is the most important for Europe since the Second World War, as leaders try to resolve the debt crisis.

ON ASSET ALLOCATION

Rathbone Unit Trust Management (RUTM) is planning to launch clean, low-cost share classes priced at 0.75% AMC across its fund range next year.

FIVE OF THE BEST

Rathbones Strategic Bond plans to split assets between direct investments and underlying managers.

Rathbones Unit Trust Management has unveiled a Strategic Bond fund to be managed by Bryn Jones.

Principal Investment Management's latest income study has suggested investors should switch out of Carl Stick's £481m Rathbone Income fund and Nick Kirrage and Kevin Murphy's £1.3bn Schroder Income fund as performance deteriorates.

Rathbone Brothers has reported a pre-tax profit of £20.6m for the first six months of 2011, up 30.4% year-on-year.

Rathbones has further expanded its team of investor directors with the appointment of Peter Anwyl-Harris and James Brennan.

Rathbones is set to launch an Enhanced Growth portfolio for head of multi-asset investments David Coombs on 1 August.