News

J.P. Morgan's alternatives arm Highbridge Capital Management has launched the Highbridge Diversified Commodities fund offering investors access to commodities futures in a Ucits III format.

The £2.1bn Foreign & Colonial investment trust has removed its performance fee following the first review of its charging structure since 2005.

Skandia Investment Group (SIG) has launched the Skandia Asian Equity fund for high conviction asset manager MIR.

Schroders has launched a high conviction European equities fund for head of European equities Rory Bateman.

Henderson's Trevor Green has joined Aviva Investors' UK equity desk, replacing Mervyn Douglas.

US stocks closed lower on Friday despite a strong labour market report for February, as the oil price continued to rise, driven by continuing turmoil in Libya.

The board of the Invesco Property Income trust is in talks about changing its investment strategy after breaching its borrowing terms.

Barclays Capital is to make two new Oeics available to investors next month, offering exposure to the FTSE 100 as part of its plan to challenge existing long-only funds.

Schroders is to hard-close its US Mid Cap fund due to soaring inflows.

Close Asset Management is rolling out two new suites of funds within its Close Discretionary fund range.