Renewed dollar strength has led forecasters to predict a tougher time for sterling in the coming months, despite a small relief rally last week as Scotland opted against independence. Which funds could benefit?
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Newly-founded fund group Sanditon Asset Management plans to launch a UK long/short fund for Tim Russell as early as November.
The board of the Schroder UK Growth trust, previously run by Julie Dean, is planning to review alternative managers for the trust in the next few weeks following the manager's departure.
Are active funds still worth the effort?
Fund buyers weigh up replacements for Dean’s distinctive business cycle approach
The discount on Julie Dean's Schroder UK Growth investment trust has jumped sharply in the last few days following the announcement of her exit from the group.
Whitechurch Securities has moved to sell clients' positions in the Schroder UK Opportunities fund following Julie Dean's exit from the group.