News

Vanguard has reached £500m in assets under management since launching in the UK just seven months ago.

Fidelity has confirmed Anthony Bolton's China Special Situations fund will be an investment trust.

Skandia Investment Group (SIG) has selected Newton head of European equities Raj Shant to join the team managing its European Best Ideas fund.

The UK economy has exited its longest recession since records began, with GDP growth of 0.1% in the final quarter of 2009.

The FTSE 100 opened lower, down 39.78 points or 0.76% to 5220 over worries about global growth following announcements in China and the US.

GLG Partners is set to roll out a Ucits III version of the group's flagship long/short UK Alternative fund.

Franklin Templeton Investments is to open its offshore Emerging Markets Bond fund to UK retail investors for the first time.

Aberdeen's Hugh Young believes Asia will lead global growth in 2010, pulling other emerging markets along with it.

Artemis, Invesco Perpetual and Neptune have taken the podium in Principal Investment Management's list of the best equity income funds.

Martin Currie is to launch a UK domiciled open-ended China fund to be run by James Chong on 10 March.