FTAdviser latest:Leaviss hands over M&G retail funds to Riddell

M&G has promoted Mike Riddell to the position of fund manager for three of its retail fixed income funds, replacing Jim Leaviss, who will now become deputy manager.

PILinvests makes fund formation appointments

Alternative fund specialist PILinvests has added to its fund formation and structuring team with a number of appointments

Ignis and Argonaut launch European income fund

Ignis and joint venture company Argonaut Capital Partners have confirmed plans to launch a European Enhanced Income fund in April, as revealed exclusively by Investment Adviser in January.

Support services are 'set for growth'

The support services sector is set to benefit from excellent growth opportunities thanks to government cost cutting, Co-operative Asset Management has predicted.

PSigma to white-label Schroder bond fund

PSigma Investment Management has raised £25m for a white-label version of Nick Gartside's Schroder Global Index-Linked Bond fund, to be offered through its multi-manager proposition.

Ignis: have faith in financials

The market is being far too quick to dismiss financial stocks, according to Ignis Asset Management's head of European equities Adrian Darley.

Aegon pricing switched

Aegon has switched the pricing on its property fund back to normal levels as the vehicle is now seeing net inflows rather than outflows.

O'Gorman looks out

Henderson's technology fund manager Stuart O'Gorman has said he wants to widen the remit of the £188m New Star Technology Unit Trust he was given last year.

Investec's Saunders eyes Jupiter Absolute Returns

Investec's Philip Saunders is conducting due diligence on taking a stake in Philip Gibbs Jupiter Absolute Return fund on his multi-asset capital-protected fund.

Himsworth vows to crank up equities performance

Gartmore's Leigh Himsworth has pledged a performance turnaround on the group's UK equity fund range after he revamped the funds' remits.

Comments

Wine: Good grapes don't die - they just emigrate

With fame, shame and a defiant return following years in hiding, the history of the Carmenère grape variety reads like the plotline of a bad soap opera.


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Supplements

Hunt for income: Playing the long game for returns?

Trying to summon a tangible picture of the income landscape can feel like grappling with a magic eye picture, with individual elements coming to the fore before receding into a haze and being replaced by a contradictory element.


Supplements

Hunt for income: Solid growth taking root

Recent developments in peripheral Europe have highlighted a material concern for investors: have the stresses evident in the financial system during the ‘credit crunch’ been resolved or merely shifted onto sovereign balance sheets?



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