Thames River

Thames River's Peter Geikie-Cobb is looking to rebuild the US dollar exposure of his Global Bond fund to 75% over the coming month, having trimmed it to 50% in May.

F&C's high profile acquisition of Thames River Capital has received mixed reactions from financial analysts, amid market noise Thames River was sold short.

SPECIAL REPORT

Rob Burdett and Gary Potter will run the combined retail multi-manager business of Thames River and F&C, with Dean Cheeseman to head-up the institutional and Lifestyle range.

F&C plans to acquire boutique fund group Thames River Capital in a deal worth up to £53.6m.

Thames River Capital's Peter Geikie-Cobb has begun hedging long-duration treasuries held in his £770m Sterling Global Bond fund, in the view the Federal Reserve may tighten monetary policy.

Thames River expects a raft of real estate investment trusts to float this year as Europe's banks look to establish listed vehicles or dispose of properties to Reit managers.

ON ASSET ALLOCATION

John Chatfeild-Roberts' Jupiter Merlin team has re-introduced Thames River's Global Bond fund into its £664m Balanced portfolio on the belief currency calls can enhance returns in 2010.

Income from investments in European real estate offers protection against inflation even if property prices do not, according to Thames River Capital.