The FTSE ignored large gains on Wall Street overnight, falling 0.35% to 5,748.45 in early trading.

The FTSE took its early lead from strong gains in Asia rather than muted US markets, up by 0.5% to 5,723.51.

Janus Capital International has launched the Perkins Global Value fund, its second new offering in a month.

Rathbones head of multi-asset David Coombs plans to access the Chinese growth story indirectly by doubling his exposure to the Baring German Growth Trust.

Colin McLean has taken SVM UK Active to near its maximum allowed exposure to resources firms on expectations of drilling success and M&A.

The GLG Global Corporate Bond fund began its life as a different incarnation - the SG International Bond fund, part of the retail fund range of Société Générale Asset Management.

OPM Fund Management is launching global and absolute return multi-manager vehicles early next year, based on existing products run for internal clients.

BNY Mellon Asset Management has launched a Latin America Infrastructure fund through its subsidiary BNY Mellon ARX Investimentos, a Brazilian boutique.

Polar Capital is set to add an income fund to its recently launched global emerging markets range.

FUND MANAGER FOCUS