Managed solutions

Schroders' head of multi-manager Andrew Yeadon has left the firm after a merger of its multi-manager and multi-asset teams.

The Royal Bank of Scotland (RBS) is making its first foray into retail fund management with the launch of cautious managed and balanced managed portfolios.

Prism Capital Management's three risk-rated multi-manager funds have broken through the £100m AUM barrier less than two years since launch following a surge of interest from advisers.

The risk rating of balanced managed funds varies widely, according to new research from Skandia, with only 5% of funds having an expected risk rating of five out of ten when measured on the firm's own risk scale.

Jupiter's Merlin multi-manager range has built up a 9% market share of the growing UK fund of funds space with close to £4bn under management.

Net retail fund of funds sales totaled £3.9bn last year, almost four times the 2008 figure and the highest ever recorded.

Regulation is paving the way for funds of ETFs and greater adoption of these products among IFAs. Matthew Craig looks at the benefits on offer and the costs involved

Scottish Life is adding Brewin Dolphin to its panel of discretionary fund managers available through its pension portfolio.

Henderson has earmarked April for the start of its fund rationalisation programme.

MetLife is increasing the choice of guarantees it offers on its Retirement Portfolio to include two-and a half year step ups.