News

Occam Asset Management, jointly founded by former Thames River Capital founder Jonathan Hughes Morgan, is to launch a Ucits III Asian Absolute Return fund next month.

Aberdeen Asset Management's Hugh Young continues to be heavily underweight Japan, despite the country enjoying its fastest period of growth for over two years.

In London, shares opened up strongly this morning with the FTSE 100 up 1.7%, as miners and energy stocks were driven by buoyant commodity prices.

Jupiter is offering investors in Philip Gibbs' Financial Opportunities fund free switching into one or both of the manager's new Ucits III funds, which will launch ahead of schedule on 14 December.

Henderson Global Investors and Gartmore were the two big winners in last night's annual Investment Week Investment Trust of the Year Awards.

Gartmore has confirmed it intends to float on the London Stock Exchange next month.

PSigma's Neil Cumming has increased exposure to defensive integrated oil companies in his UK Growth fund on the belief investors currently have a ‘too rosy' view of the future.

Leading structured product providers and distributors have created the UK Structured Products Association in a bid to give a unified voice to an industry that has come under fire in recent years.

F&C has appointed Rebecca Seabrook as co-manager alongside Fatima Luis on its £226m Strategic Bond fund and £125m Extra Income Bond fund.

Société Générale has advised clients to be ready for a possible "global economic collapse" over the next two years, mapping a strategy of defensive investments to avoid wealth destruction.