Global

THE Close Investments Far East Equity Fund is focusing on growth and is heavily influenced by the China story, following the replacement of Jade Absolute Fund Managers with UOBAM as investment adviser to the fund on 1 June.

THREADNEEDLE is set to expand its equity income proposition after unveiling a new Global Equity Income fund targeting a yield of 4pc.

Forsyth-OBSR has pulled it's A rating from the Gartmore US Opportunities fund following the exits of co-managers Gil Knight and Chris Baggini.

FORSYTH-OBSR has pulled the A rating from the Gartmore US Opportunities fund following the exits of co-managers Gil Knight and Chris Baggini.

HSBC is launching two new emerging market debt funds managed by its specialist active asset management arm Halbis.

Gartmore has replaced its US management team including veteran Gil Knight after a period of underperformance.

GARTMORE has severed ties with its US management team after it replaced Gil Knight and his colleagues at NWD Investments with US firm Marsico Capital Management.

INVESCO Perpetual will launch a US equity fund seeking to outperform the S&P 500 index on 9 July.

Close Investments has hired a new manager for its Far East Equity fund following the retirement of Stephen Swift of Jade Absolute Fund Managers, who previously ran the portfolio.

Investec Asset Management has launched a Global Emerging Markets Debt fund.