News

HSBC Global Asset Management's Nick Pothier has added the Polar Capital Technology and Healthcare funds to his Open Global Return vehicle as part of a long-term bet on the sectors.

Riskier assets will benefit from benign monetary policy in the short term but frequent bouts of investor doubt will increase volatility, Aberdeen's Mike Turner believes.

Private equity fund of funds, which delivered stellar returns from 2004 to the end of December 2007, are poised to resume their activity after the sector imploded following the Lehman Brothers collapse in 2008.

John Chatfeild-Roberts' Jupiter Merlin team has re-introduced Thames River's Global Bond fund into its £664m Balanced portfolio on the belief currency calls can enhance returns in 2010.

Japanese funds dominated returns during the first quarter of the year as the region's equity market begins to bounce back from a disappointing 2009.

Investec Africa & Middle East manager Roelof Horne remains positive on prospects in the developing regions despite expecting the fallout from Dubai debt exposures to continue through 2010.

Polar Capital plans to launch a healthcare-focused investment trust targeting the historically low valuations on offer in the sector.

Fidelity UK managing director Gary Shaughnessy has urged the industry to focus on the implementation phase of the RDR to ensure costs are kept down and advisers emerge better equipped to deal with the UK's savings gap.

Chris Bowie has moved a third of the £290m Ignis Corporate Bond into defensive fixed income instruments on renewed concerns for the domestic and global economy.

Gartmore is under investigation by the US Securities and Exchange Commission but has insisted the probe does not concern its European stars Roger Guy and Guillaume Rambourg, The Telegraph reports.