UK

Unicorn Asset Management is looking to strengthen its core UK equity offering by renaming one fund, preparing a new launch for John McClure and hiring two new team members.

Alastair Winter, chief economist at Daniel Stewart & Co, reveals his global economic outlook following a turbulent first quarter - and warns there will be plenty of opportunities to lose money in 2014.

Investec is planning to switch Alastair Mundy and David Lynch's £100m Capital Accumulator fund from a zero dividend fund into a high conviction stock-picking portfolio, Investment Week understands.

The International Monetary Fund (IMF) upgraded its UK GDP forecast and now predicts the country will see stronger growth than any other G7 economy this year.

UK EQUITIES

The UK has seen a sharp drop in new fund launches at the start of 2014, attributed to administration backlogs, pricing overhauls and Neil Woodford's forthcoming new venture.

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