News

Multi-managers believe the equity rally still has further to go despite the strong recent run pushing markets towards pre-Lehman levels.

Tiburon Partners will launch its Ucits III absolute return Green fund next month, to be co-managed by Hexam Capital joint founder John Payne.

Wall Street shares dipped on opening as a trade spat between the US and China escalated.

Cazenove has closed its Absolute UK Dynamic fund one week after its launch having raised £123m.

Ignis Asset Management has hired Nick Pogmore as head of strategic alliances to help build links with national IFAs, networks, life offices and fund platforms.

Fund managers believe the use of performance related fees will increase over the course of the next year, according to research from Skandia Investment Group (SIG).

The FTSE 100 has dropped back below the 5,000 mark as miners suffer from profit taking on fears the rally in metal prices may have gone too far.

The FSA is to begin taking action against firms over structured products backed by Lehman Brothers.

Marketing manager Rob Page has resigned from Liontrust.

Aviva Investors head of credit Mark Wauton will temporarily assume management of its Distribution fund after Dominic White's decision to leave the group.