Old Mutual has broadened the parameters of Stephen Snowden's £780m Corporate Bond fund, allowing the manager to move duration to zero to mitigate interest rate risk.

Neptune's Ted Alexander has turned over almost 100% of his UK Equity fund since taking over the mandate three months ago.

North's John Husselbee has been increasing risk within his multi-manager portfolios by upping his exposure to Asian equities during the market sell-downs towards the end of last year.

Polar Capital is closing its Discovery fund, a global macro hedge fund run by Paul Lambert.

SVM has closed its Balanced Managed fund due to a lack of investor demand.

BlackRock's Bob Doll believes US equities will see a third consecutive year of double-digit percentage gains.

Henderson is to merge away both its UK and European Opportunities funds as part of its rationalisation programme following the acquisition of New Star.