The Patient Capital investment trust is to enter the FTSE 250 later this month, two months on from its record fundraising.
Nick Train and Michael Lindsell have added the first new stock to their global or UK portfolios since 2012 after buying in to PepsiCo.
Asset allocators are refusing to be swayed by a recent rally in commodity prices, saying the bounce is far from sustainable for a sector which remains "on life support".
Neptune has closed a further two productsin its range, bringing to an end a period of significant fund consolidation and restructuring for the firm.
Investment trust sales on adviser platforms reached a record high in the first quarter of 2015.
Investment trust Caledonia Investments is close to agreeing a deal to purchase a stake in Seven Investment Management, according to reports.
Financial Conduct Authority chief Martin Wheatley has supported the asset management industry's claim that it does not pose a threat to financial stability.
Investment Week is pleased to announce the shortlisted candidates for a special 20th anniversary category at the 2015 Fund Manager of the Year Awards.
Jupiter has promoted James Zimmerman to lead manager of its £60m UK Smaller Companies portfolio as Richard Curling steps back.
Renewed yen weakness could bring about a fresh global currency war resulting in a 'tidal wave of deflation' in China and the West, Société Générale's Albert Edwards has warned.