SVM Asset Management has promoted two investment analysts to deputy managers to assist Neil Veitch and Hugh Cuthbert on the management of their flagship funds.
Henderson Value trust's managers have pledged to avoid 'face-saving' sales and concentrate on realising the longer-term potential of stocks to turn the fortunes of the fund around.
THE BIG QUESTION
Harwood Multi Manager has revealed the ten most and least volatile funds in the IMA Global Sector over the past 12 months, amid renewed investor interest in the sector.
SVM's World Equity fund, run by Neil Veitch, has benefited from a pickup in merger and acquisition (M&A) activity this year, with a number of takeover targets giving his fund a lift.
UK equity income managers are selling out of defensive stocks which have led the global equity rally year-to-date, warning they are approaching bubble territory.
Margaret Lawson has been snapping up "bombed out" UK retailers in her SVM UK Growth fund, as the survivors of the massacre on the high street emerge stronger and with less competition.
THE BIQ QUESTION
Neil Veitch, manager of the SVM World Equity fund, has benefited from increasing exposure to financials in the last six months, as the loosening of Basel III requirements for banks has boosted the sector.
Investment Week rounds up the most memorable quotes from our favourite (and most outspoken) industry commentators throughout 2012.
Colin McLean could relinquish control of the £136m SVM Global investment trust after the board announced it is putting the trust's management contract out to tender, with immediate effect.
ON UK GROWTH
SVM Asset Management is to close its underperforming UK Absolute Alpha and Cautious Managed funds at the end of the year due to their small size.
MAM Funds has upped its stake in Colin McLean's £146m SVM Global investment trust, fuelling speculation of impending corporate action by its shareholders.
One could be forgiven for feeling slightly more optimistic about the future of the investment trust sector after a number of key corporate battles in recent months.
SVM's Colin McLean has revamped the mandate of the £4m UK Emerging Fund plc and sold half the stocks in the portfolio, following the departure of manager Donald Robertson.