News

Roger Guy and Guillaume Rambourg have cut their Gartmore European Absolute Return fund's net market exposure from 32% to 18% this year in response to Greece's debt crisis.

Skandia Investment Group is adding an investment grade corporate bond fund to its Dublin-based range of single-manager products.

Baillie Gifford has increased its global equity capabilities with the launch of the Global Alpha Growth fund.

Fixed income managers are warning parts of the emerging market debt universe have become considerably overvalued as a wall of money enters the burgeoning asset class.

Legendary investor Warren Buffett has joined a sing-along with employees at US insurance company Geico dressed as Guns n Roses frontman Axl Rose.

Income from investments in European real estate offers protection against inflation even if property prices do not, according to Thames River Capital.

Liontrust's Credit Absolute Return fund has launched with its maximum allocation to financials, including exposure to Lloyds CoCos.

Aberdeen Asset Management is planning to launch a UK-domiciled version of its $373.6m Emerging Markets Bond Sicav.

Standard Life Investments' Property Income Trust plans to grow its dividends by 10% this year after buying £21m of property in 2009.

Metric Property Investments, the retail property group led by three former British Land executives, raised £175m in its IPO, £25m more than initially targeted.