News

BNY Mellon Asset Management has outsourced and renamed its £57m Newton US Equity fund, formerly managed by Simon Laing.

Seven Investment Management (7IM ) has launched an unconstrained fund with a charging structure that is discounted when performance is down.

Jupiter Unit Trust Managers employs the most FE Alpha Managers with 12 on the newly revealed list for 2012.

BlackRock's Absolute Return manager Mark Lyttleton has conceded he took long positions in the wrong shares in 2011, leading to disappointing performance.

Leading fund managers are favouring US equities over markets including China and Europe as the appeal of owning dollar assets helps spark a shift into the world's largest economy.

Investors can continue to buy 10-year debt issued by safe haven governments in 2012, with the risk of losing vast sums diminished, said Kames Capital's David Roberts.

GAM has joined forces with Barclays Capital to launch a mult-asset product offering access to Barclays' quantitative indices.

J.P. Morgan and Source have launched a macro hedge ETF, allowing investors to gain long-term exposure to volatility.

Iain Stewart and Suzanne Hutchins have raised the cash position in the £4.5bn Newton Real Return fund to 26% in an effort to manage volatility in the portfolio.

Wealth manager and stockbroker WH Ireland has launched a UK EIS Growth fund in partnership with Harcourt Capital, seeking to raise an initial £10m.