Cazenove

Analysts at J.P. Morgan Cazenove have downgraded Anthony Bolton's Fidelity China Special Situations trust due to its "weak" NAV performance since launch.

Fewer than half of the funds in the IMA Absolute Return sector have managed to provide investors with a real return greater than the rate of inflation.

The Treasury has ruled out launching its own independent inquiry into the collapse of Keydata until after the Financial Services Authority (FSA) has completed its review - which has so far stretched to two years without any public findings.

Rob Thorpe, head of UK retail at Cazenove Capital Management, on changes to distribution post-RDR and whether IFAs will benefit.

Leading asset managers are hosting a series of regional seminars offering advisers insights into global investment opportunities.

Not owning gold during the current financial turmoil is "a form of insanity", according to Cazenove's Robin Griffiths.

Cazenove is planning to launch an income fund for co-heads of multi-manager Marcus Brookes and Robin McDonald.

Cazenove has criticised the IMA for not bringing "vital clarity" for investors after the trade body decided against making changes to its Absolute Return sector for at least another 12 months.

Fund groups have warned the RDR will lead to increased volatility in fund flows and a greater share of assets going to a handful of the larger asset managers.

Cazenove has promoted Rob Thorpe to the newly-created head of UK retail position.