Marlborough has opened up Giles Hargreave's popular £640m Special Situations fund to offshore investors after launching a Guernsey-domiciled feeder fund providing access to the strategy.
Tom Dobell, manager of the £7.7bn M&G Recovery fund, expects an uptick in M&A activity to rejuvenate performance in 2013 after a "tough" three years for the fund.
Fidelity's Sanjeev Shah has revealed a series of short positions in miners, coupled with a spate of M&A activity and a play on the banks, have lifted his fund into the top quartile in the last year.
BlackRock's Richard Plackett is to be joined by Roland Arnold as a co-manager on the £1.4bn UK Special Situations fund.
A client recently highlighted to me the current similarity of the fund managers he speaks to.
BlackRock's Richard Plackett has warned profits are set to come under severe pressure under the next six months as macro uncertainties weigh on corporates.