Global

RUPERT Della Porta, manager of F&C's North American fund, is increasing exposure to growth stocks, particularly in the technology sector.

RUPERT Della Porta, manager of F&C's North American fund, is increasing exposure to growth stocks, particularly in the technology sector.

THE UK investment industry has called for plans in the European Commission's white paper on simplifying UCITS legislation to be implemented as soon as possible to avoid unnecessary costs.

STANDARD Life Investments (SLI) is to convert its £20m Global Selector fund to an unconstrained vehicle with fewer stocks and a high performance target.

MORGAN Stanley Investment Management (MSIM) is launching a Luxembourg-domiciled Indian equities fund which will invest in between 40 and 50 mainly large-cap stocks.

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.