GLI Finance is considering the launch of a trust investing in a portfolio of loans with a "high single digit" yield target.

The Gabelli Value Plus trust is to list on the London Stock Exchange on 19 February after a fundraising period described by Numis analysts as "a considerable success".

Fidelity FundsNetwork is to make Neil Woodford's Patient Capital trust the first externally-managed IT available on the platform, in what it says is a "clear intention" of more to come.

Top-performing European equity manager Oliver Kelton is to join Odey Asset Management.

Lazard is planning to merge Lloyd Whitworth and Alan Custis' £80m UK Alpha fund into its smaller UK Omega fund, subject to shareholder approval.

Jupiter Asset Management is at a "crossroads" and its profit growth may be at an artificially high level, according to Franklin Templeton's Paul Spencer.

Hargreaves Lansdown is planning a push into the asset management arena which could see it hire external fund teams and market its services to advisory businesses in future.

Ex-Legal & General director of platforms & policy Danny Wynn has joined Fidelity Worldwide Investment in the newly-created role of head of fund partners, Investment Week can reveal.

Fund groups should focus more attention on the need for active UK equity funds that are overweight large caps, according to Andrew Summers, head of fund research at Investec Wealth & Investment.

Does the renewed focus on ‘active share' (AS) represent a step forward for fund disclosure or simply a PR victory? The jury is still out.