News in brief

Professional Adviser
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International Investment provides a round-up of the latest fund news:

Gartmore is offering a 1% discount on the initial charge and 4% initial commission on its Cautious Managed fund, Global Focus fund and multi-manager range of funds until 30 September Launched in Hong Kong on 29 June 2007, Schroder ISF Global Climate Change Equity, managed by Simon Webber and Matthew Franklin, has reached US$100m assets under management The UK-domiciled New Star Global Equity fund is now available to international investors via New Star’s multi-currency service. The fund is managed by Greg Kerr, who took over in June 2006 Legg Mason Investments has appointed Lennie Lim ...

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