Insight Diversified Target Return fund is moving from the IMA Cautious Managed sector to the Absolute Return peer group to better reflect its investment process.
The FTSE 100 remains on track to make gains for the sixth day in a row, with miners powering ahead.
Jason Britton is leaving his role as chief investment officer at T. Bailey after 12 years.
Richard Howarth is poised to increase the gross exposure of the Absolute Insight UK Equity Market Neutral fund following a drop in volatility across markets.
Irish economy contracted in the fourth quarter of 2010, shrinking 1.6% on the back of poor consumer spending, exports and investment.
Egypt could see the state of its economy further discredited if the government does not support the market, says Pictet's Oliver Bell.
Moody's says it has seen signs of improvement and increased profitability in the hedge fund sector this year following strong performance in 2010.
The risks descending from political unrest in the MENA region may exceed investors' expectations and cause further 'market setbacks', warns SVM's Colin Mclean.
UK banks are missing crucial opportunities for profitable lending to high growth companies, according to a new report.
Moody's has downgraded Portugal's government debt two more notches because of 'subdued' growth prospects.