US

THE Allianz RCM US Equity fund has been awarded an ‘AA' rating by Standard & Poor's.

THE US remains a "powerhouse of innovation" populated by good companies on relatively cheap valuations, which could make it the surprise market of this year and into 2008, according to Felix Wintle, manager of Neptune US Opportunities.

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.

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.

JUPITER is to convert its £13.5m North American fund to an income vehicle, giving it yield-generating products covering all developed regions.

UBS is to launch a US large cap fund for Tom Digenan using the hedge fund-like 130/30 technique, Professional Adviser has learned.

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