Equities

TOP PERFORMERS

Chris Reid, manager of the Majedie UK Income fund has revealed five key stocks that he expects will help his fund maintain its top ranking in the UK Equity Income sector in the coming year.

Smith & Williamson Investment Management has merged its UK Growth fund and its Opportunities fund into the group's UK Equity Growth trust.

Half the companies in the FTSE 100 could be affected by new rules designed to protect minority investors.

Old Mutual Global Investors (OMGI) has reported rising net sales in the third quarter, which it atttibuted to strong flows into its new UK Alpha fund for former Schroders' head of UK equities Richard Buxton.

CUT-PRICE

Invesco Perpetual has implemented a dilution adjustment to the price of Neil Woodford's Income and High Income funds, moving to bid pricing on both portfolios after a recent surge in outflows.

F&C saw its assets under management decline by £2.2bn to £90.1bn in the third quarter, despite a further climb in retail inflows, the group revealed today.

Alliance Trust has suffered a slowdown in returns in the third quarter which it saw was due to its high allocation to US equities.

Equity funds remained the most popular choice with retail investors for the sixth consecutive month in September, figures reveal.