UK

The Legal & General Growth Trust has been awarded an A rating by OBSR in recognition of consistently producing the returns it aims to deliver.

Fears that the Bank of England may be forced into mounting a rescue operation of UK banks have been dismissed as "mis-placed scaremongering" by Ted Scott, manager of F&C Growth & Income fund.

Aruna Karunathilake, manager of the Fidelity UK Aggressive fund, has pointed to a trio of inflation-busting opportunities in the UK stock market.

Income heavyweight Clive Beagles says the beleaguered UK equity income sector has reached a "turning point", which will reverse months of poor performance and dwindling assets under management.

Neptune's head of UK equities Jeremy Smith has outlined why his team remains underweight in financials, and has set out five key criteria which would need to improve before he would reinvest in the sector.

Carl Stick's Rathbone Special Situations fund has had its OBSR rating removed, following continued underperformance and restructuring.

Acuity Capital has unveiled its Real Active Management (RAM) small cap OEIC, which its principal manager believes will take advantage of a "tipping point" in a market cycle that has opened up in favour of UK smaller companies.

Fidelity is to replace John Stavis by promoting long-serving research analysts to run two of its UK growth and income vehicles.

Liontrust Asset Management has appointed Julian Fosh to work alongside Anthony Cross on its UK equity fund management team.

INGENIOUS Asset Management has made its UK Equity fund available to retail investors.