Schroders has added a frontier markets Sicav to its offshore fund range.
SVM has closed its Balanced Managed fund due to a lack of investor demand.
The FTSE 100 has opened slightly up, building on gains on Wall Street and positive employment news in the US.
An official report from the US on BP's Gulf of Mexico oil spill in April has described it as 'avoidable'.
BlackRock's Bob Doll believes US equities will see a third consecutive year of double-digit percentage gains.
Henderson is to merge away both its UK and European Opportunities funds as part of its rationalisation programme following the acquisition of New Star.
Investors in US large-cap equities could benefit from up to 30% upside in 2011, says Legg Mason Capital Management's Mary Chris Gay.
The sovereign debt crisis in peripheral eurozone economies will not spill over into Northern Europe in 2011, says Invesco's chief economist John Greenwood.
The euro has fallen against the dollar amid renewed debt fears in the region as the yield on Portugal's treasury bill sale climbed to nearly double that of its last issuance.
Gartmore shares dragged on the FTSE 250 yesterday amid fears takeover talks have come to a standstill.