News

Simon Brazier, manager of the £553.5m Schroder UK Equity fund, is leaving the firm to take a senior position at another asset management company.

BRITAIN'S economy will finally make it out of recession in the last quarter of 2009, but will perform much less strongly in each of the next three years than the Government is currently forecasting, the CBI will say today.

Alliance Trust Asset Management has unveiled a high-conviction European Equity fund for former Scottish Widows veteran Fiona MacRae.

Fidelity is renaming its Sterling Bond fund under the ‘Strategic' label in order to more accurately reflect the vehicle's investment remit.

Henderson has agreed the final sale needed in order to re-open its New Star International Property fund, which has been suspended since 25 November 2008.

Negative sentiment around the failure to reach a detailed agreement at Copenhagen will only have a short term impact on environmental markets, say fund managers.

Investors have an average weighting of just 0.1% in emerging markets (EM) despite almost two thirds of IFAs considering it the best performing asset class, research suggests.

Legal & General Investment Management is shutting down its Japan equities hedge fund.

Jupiter is to launch a European Absolute Return fund for Cédric de Fonclare and Stephen Pearson.

The winners of the Professional Adviser Awards 2010 will be announced on Thursday 21st January at the London Hilton, Park Lane.