News

Prusik Investment Management is planning to soft-close Heather Manners' $88m Asia Smaller Companies fund when assets hit $100m.

Threadneedle's Simon Brazier said UK equities are set to rise 17% in 2011 as favourable policies from government and reasonable valuations leave plenty of upside for shares.

GAM has closed Sean Taylor's Frontier Opportunities fund and moved existing investors into a similar UCITS fund which can take long and short positions.

Fund houses argue IMA decision to restructure Managed sectors fails investors

Financials still under pressure from unfinished business in the eurozone and the threat of downgrade for banks

The Aberdeen Private Equity trust is set to buy out original backer and major shareholder Elsina Limited by snapping up a 32% stake in the company.

Global equity investment trusts are reducing their allocations to the UK market in favour of emerging markets and specialist sectors such as private equity, AIC data shows.

The winner of tomorrow night's Champions League final will pocket £109m for just one game, sponsor MasterCard has revealed.

Gordon Elvey is to leave JO Hambro Capital Management as the group closes his US Opportunities fund.

UBS is to rename its £53m UK Select fund the UBS UK Opportunities fund from 10 June.