Fund management news

All New Star funds temporarily removed from the Wealth 150
01 Dec, 2008
We have decided to remove all New Star funds from the Wealth 150 until the uncertainty surrounding the future of the company is resolved. The affected funds are European…

Two New Star bond funds removed from Wealth 150
01 Dec, 2008
We have decided to remove the New Star Sterling Bond Fund and the New Star High Yield Bond Fund from the Wealth 150, our list of favourite funds for…

Templeton Global Bond - addition to Wealth 150
01 Dec, 2008
We have decided to add the Templeton Global Bond Fund to our Wealth 150 list of favourite funds in each sector.  Twenty five years ago most UK investors had all their…

Fund manager retirement at Lazard
28 Nov, 2008
Lazard Asset Management has announced the retirement of Tony Willis, their Managing Director and Head of UK Equities. Mr Willis, who managed the Lazard UK Alpha and

Jupiter Corporate Bond - addition to Wealth 150
26 Nov, 2008
I believe those who feel comfortable taking some risk should consider corporate bond funds. Now these are like any investment and can fall in value, and this year they have…

New Star suspends dealing in International Property Fund
25 Nov, 2008
New Star has announced that dealing in their International Property Fund is suspended with immediate effect. New Star blames this on an increase in redemptions that have left

Skandia makes changes to Best Ideas line up
25 Nov, 2008
Skandia has made a number of adjustments to the manager line up on its Best Ideas fund range. Stephen Whittaker, who recently left New Star, has been removed from…

Newton Global Higher Income - change to yield requirement
24 Nov, 2008
Since its launch three years ago the Newton Global Higher Income Fund has had a pretty strict yield requirement for purchasing stock. Newton is now proposing to adjust this…

New Star - reorganisation to improve performance
21 Nov, 2008
New Star has announced a number of changes to its fund range including the departure of Stephen Whittaker, joint Chief Investment Officer and manager of their flagging New Star…

Fund rationalisation expected at Axa
20 Nov, 2008
Axa Investment Management (IM) has announced changes to a range of its funds. They are seeking to rationalise their range by merging several funds. The Axa UK Growth Fund