News

BlackRock's Andrew Williamson-Jones has turned over 25% of his Global Equity fund in the past four months to almost double the portfolio's emerging market exposure.

Janus Capital International has launched the Perkins Global Value fund, its second new offering in a month.

Neil Woodford's Invesco Perpetual High Income fund has become the first UK unit trust to break through the historic £10bn of assets under management milestone.

Ignis has spun off its property operations into a new standalone unit, Ignis Real Estate.

Premier's new Environmental Power & Water fund is likely to launch with an overweight to Asia. The new fund, which is a conversion of the existing 20m UK Smaller Companies portfolio, launches on 1 November.

Alliance Trust has placed new managers on its Asia Pacific Equity and Japan Equity funds in a bid to boost performance.

An oil and gas overweight has been the biggest driver of outperformance for the £99m J.P. Morgan Smaller Companies investment trust over the past year.

Rensburg's Paul Spencer has turned over 15% of the UK Mid Cap Growth trust to ramp up exposure to UK domestic stocks.

F&C's Paul Carne has taken an overweight equity position across his four-strong Lifestyle range.

The manager of the Murray Income trust is preparing to buy into non-UK assets after shareholders voted to diversify away from concentrated UK sectors earlier this year.