Managed

INVESTORS in Credit Suisse have approved proposals for a revamp of its multi-manager portfolios, including mergers between its region-specific vehicles and the re-launch of its Global Bond fund as Multi Asset Distribution fund. The changes will take place...

CREDIT Suisse has announced proposals for a revamp of its multi-manager range which, if approved by investors, will see mergers between its region-specific funds and the re-launch of its Global Bond fund as Multi Asset Distribution fund.

FUND of funds manager iimia has backed specialist growth funds and commodities to outperform the market.

THE Miton Arcturus Cautious Absolute Return fund has acquired two new funds in the commodities and specialist sectors.

HEARTWOOD Wealth Management has launched a new equity income fund of funds.

Rob Burdett and Gary Potter's successors on the Credit Suisse Multi-Manager Constellation fund have already sold five funds in a bid to make the portfolio more concentrated.

PRUDENTIAL'S recently launched Cautious Managed Growth fund is now available to investors through the company's Flexible Retirement Plan.

RICHARD Philbin, director of fund of funds at F&C, has said the group is taking a more defensive stance on its multi-manager funds, and has upped its cash position from 0pc to 5pc in recent months.

MULTI-manager firm T.Bailey has won the mandate to run the IFA-owned IF Alliance Liberation VII fund from Close Private Asset Management.

HENDERSON'S multi-manager team has been building its positions in equity income funds recently as it continues to avoid bond portfolios.