Newton

EQUITY INCOME

Newton manager predicts risk on trades will perform best in short term despite gloomy economic outlook.

Jupiter Unit Trust Managers employs the most FE Alpha Managers with 12 on the newly revealed list for 2012.

Iain Stewart and Suzanne Hutchins have raised the cash position in the £4.5bn Newton Real Return fund to 26% in an effort to manage volatility in the portfolio.

Newton has renamed its £1.1bn International Growth fund as former CIO Jeff Munroe takes over as manager.

FUND MANAGER FOCUS

Newton Investment Management's chief investment officer Jeff Munroe has moved to become head of global equities, as the group shakes up its management team.

A number of top fund managers took a hit on their portfolios this week as retail favourite Tesco issued a profits warning, sending its shares down 16% in a day - the largest fall since 1988.

2011 has been a year when some of the most popular emerging market managers paid the price for the breakneck growth of recent years, with investors fleeing to safe havens as equities tanked amid the eurozone debt crisis.

IMA's new definitions for Managed sectors are met with cautious approval, although some fund groups say more clarification is needed