The sell-off in UK smaller companies has created a far more attractive hunting ground for income seekers than that offered by larger companies, according to Charles Montanaro.
Fund buyers have had a tough time choosing funds this year, as some of the best known portfolios in the UK have gone through manager changes.
Allianz Global Investors has brought its US small cap growth strategy to the UK via the launch of a new fund.
Giles Hargreave has relinquished his role as CEO of Hargreave Hale in order to focus on running his funds, with the group promoting two of its directors to jointly head the business.
Chelverton Asset Management is to launch a small-cap fund in September after expanding its team of fund managers.
Williams plans to double holdings as Miton UK Smaller Companies soars
River and Mercantile has revealed it plans to close soft-close Dan Hanbury's UK Equity Smaller Companies fund - currently £360m in size - when it reaches £550m.