News

Russell Investments, which runs several of Swip's multi-manager funds, is bringing its first UK-domiciled Oeics to market this year.

Cheery results for a trio of US bluechip giants kept the Dow Jones in with a shout of posting positive gains for a fifth straight day on Friday.

Gartmore's UK Absolute Return fund manager Ben Wallace says he is still cautious about the future of the market and is preparing for a worse second half of the year.

Positive macro data in Q4 could prompt another significant spell of outperformance in emerging markets, says Bryan Collings, manager of the Ignis International Hexam Global Emerging Markets fund.

The FTSE 100 was up in early trading Friday following an overnight rally in New York.

The Dow Jones slipped in early trading on Thursday after posting some of the biggest gains of the year just 24 hours earlier.

Legg Mason is launching its Global Blue Chip Bond vehicle to be managed by its affiliate Western Asset Management.

Roger Webb, head of credit portfolio management at Aviva Investors, will leave the company in the autumn.

Henderson Group has retained a better than expected 77% of New Star fund assets but warned first half profits will be half the level of a year ago.

The Co-operative Asset Management (Co-op) has hired Daniel Fox from Insight Investment to run its Corporate Bond Income trust.