PSigma Investment Management is relaunching its discretionary management service as the firm looks to capitalise on the adviser community's preference for outsourcing solutions ahead of the retail distribution review (RDR).
Equity funds experienced their highest ever outflows of retail money in November as investors pulled out their cash in droves amid the ongoing eurozone crisis.
Fund launches reached a decade low last year as groups held back new products in the face of market volatility.
Discretionary fund manager Saltus has launched a global equity fund in an extension of its IFA-focused offering.
The funds favoured by multi-managers in 2011
The Investment Management Association (IMA) consulted just four IFAs about the overhaul of its Managed sector model.
Gary Potter, co-head of Thames River Capital, explains how outsourcing to a multi-manager can boost your business' profitability
Advisers are being warned they may come under scrutiny for using asset allocation tools linked to a single provider ahead of regulatory reviews next year.
Ian Henderson is to step down as manager of the £2bn JPM Natural Resources fund in January 2012, to be replaced by Neil Gregson.
Advisers are being misled by the Investment Management Association's definition of absolute return (AR) funds, according to a senior figure at Henderson Global Investors.