Equities

Schroders is to launch a global equity fund for managers Nick Kirrage and Kevin Murphy investing in stocks they feel are primed for a recovery in value, Investment Week, IFAonline.co.uk's sister title, understands.

Broadly speaking, the investment story of 2013 so far has been one of soaring developed world equity markets but slumping bond returns. But how has that translated in terms of fund flows in the UK?

SECTOR REPORT

J.P.Morgan Asset Management (JPMAM) has launched a calculator for advisers to demonstrate to clients the power of ‘compounding' when reinvesting their dividend income.

Absolute return providers have been forced to respond to capacity questions by changing fund remits or even soft-closing vehicles as flows into the sector leap this year.

SECTOR REPORT

MULTI-ASSET

PA PORTFOLIO

Aviva Investors is to close its UK Special Situations fund after one of its managers, ex-Schroders UK equities head Richard Buxton, joined Old Mutual Global Investors.

Henderson is to change the investment policy of Matthew Beesley's International fund as well as renaming the vehicle to reflect its more concentrated investment approach.