Royal London Asset Management is changing the name of its £472.5m UK Special Situations fund to the UK Opportunities fund from 21 January.
UK All Companies funds suffered a difficult 2010 - in sales terms, at least - with the peer group revealed as the industry's least popular sector in February-April, September and October.
Royal London's Bradley Mitchell says there is no foundation for the view the UK will enter a double-dip recession.
Royal London has scaled back its UK earnings forecast, following the BP oil spill, though it believes UK equities look attractive over the longer term.