Global

FIRST State head of equities Habib Subjally has ditched three quarters of the holdings in the Global Opportunities fund since taking over the portfolio at the end of August.

A global strategist at JP Morgan Asset Management has fought the corner for Turkey over its membership of the EU.

FOREIGN investors now own around a quarter of Japan's equity market compared to just 5pc at the beginning of the 1990s.

LIONTRUST has launched two new European offerings managed by Gary West and James Inglis-Jones.

FIRST State this week launched its long-awaited Indian Subcontinent fund to be managed by Vijay Tohani, revealing it would only be open to investors during a set offer period.

INVESTEC will be bringing the management of its European fund and GSF Continental European fund in-house.

AXA Framlington has posted record sales figures - exactly one year after it was acquired by French financial giant AXA.

FRIENDS Provident International (FPI) has extended its range of funds to 119 after making eight new offerings available.

HENDERSON Global Investors' Far East Income trust manager Michael Watt is retiring in February 2007.

THE manager of the SVM Global fund has said the current climate has made it hard for investors to outperform.