Fund news & alerts

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

Dealing resumes in Oceanic Australian Natural Resources Fund
19 Nov, 2008
We recently informed investors that dealing in the Oceanic Australian Natural Resources Fund had been suspended on 23 October 2008. This was largely caused by the low level of…

Fidelity Special Situations - research update
18 Nov, 2008
It has been almost a year since Sanjeev Shah took over the reins of the Fidelity Special Situations Fund from the legendary Anthony Bolton. Sanjeev Shah had a tough…

Resolution Asset Management rebrands to Ignis Asset Management
18 Nov, 2008
Resolution Asset Management re-brands as Ignis Asset Management on 17 November 2008. Resolution was originally formed in 2003 and it was sold earlier this year to Pearl Group, the…

Schroders consolidates UK funds through UK Large Cap merger
17 Nov, 2008
Schroders has merged the UK Large Cap fund into its flagship UK Alpha Plus Fund. The two funds are both managed by Richard Buxton, and both have a bias…

Matrix VCTs - research update
14 Nov, 2008
Since the launch of their first VCT in 2004/05, Matrix has grown their VCT funds under management to over £130m. So far their results have been good and the…

Property sector to launch next year
14 Nov, 2008
The Investment Management Association (IMA), the trade body for the UK’s fund management industry, has announced the creation of a Property fund sector. Currently funds that invest in property…

Legal & General UK Special Situations - new launch
12 Nov, 2008
Legal & General’s UK Special Situations Fund is a new launch and is available for investment from 10 November 2008. The new fund will be managed by Matt Fletcher.…

Legal & General Diversified Absolute Return - new launch
11 Nov, 2008
In an environment which has been dominated by volatility and falling markets, Legal and General is launching the Diversified Absolute Return Fund with the aim to deliver positive returns…

Scott takes temporary leave from F&C
10 Nov, 2008
F&C has announced that Ted Scott is taking a leave of absence on health grounds. Mr Scott manages the UK Growth & Income, Stewardship Income and Stewardship Growth funds…