Skandia Investment Group has added the Goldman Sachs Asset Management (GSAM) Emerging Market Debt fund to its risk targeted Spectrum range.

Cheyne Capital Management has today launched a Dublin-domiciled Ucits III fund, investing in convertibles.

Absolute Return funds appear to have come of age with the sector among the best sellers via Hargreaves Lansdown's direct to investors fund supermarket Vantage in August.

Impax Asset Management is launching an Asian Environmental Markets investment trust on the main market of the London Stock Exchange.

Swip has launched three emerging markets funds, focussing on infrastructure, smaller companies and Latin America respectively.

Positive US job figures failed to spur the Dow Jones in early trading on Wednesday.

Lloyds Banking Group is among the fallers in early trading on Wednesday on rumours it is close to securing a deal that will see some of its bad loans insured under the Government's asset insurance scheme.

River and Mercantile is launching new Global Equity and Global Opportunities funds for former Newton manager Alex Stanic in October.

Swip has named Luke Hickmore and Neil Murray as the managers on four of its bond funds, following the defection of four of its fixed income team to Alliance Trust.

Signs of economic recovery will create an attractive investment environment for high yield corporate bonds, Henderson New Star's James Gledhill says.