UK

A NEW OEIC investing in UK smaller companies has been unveiled by Octopus Investments.

STANDARD Life Investments has soft launched a UK Equity Income Unconstrained fund in a bid to build on the success of its popular UK Equity Unconstrained offering.

ST James's Place (SJP) has launched a unit trust version of its existing life and pensions SJP/Jupiter Cautious fund.

WINTERTHUR has become one of the first life offices to offer Bill Mott's recently launched PSigma Income fund.

INGENIOUS Asset Management, part of media investment and advisory group Ingenious Media, will market its multi-manager UK Equity fund to retail investors for the first time.

SARASIN Chiswell may launch a new income product in the third quarter of the year for Graham Ashby that makes extensive use of derivatives.

BLACKROCK MLIM is appointing a new manager to its £400m equity income fund in a bid to turn around "disappointing" short-term performance.

MAJEDIE Asset Management is considering launching funds investing outside of the UK in 2007, Professional Adviser can reveal.

DWINDLING yields combined with improved offerings from deposit accounts may put the breaks on the flow of money into the Equity Income sector, according to Justin Modray at Bestinvest.

BOUTIQUE firm Callander Managers has bolstered its presence in the UK after unveiling a range of funds for the retail market.