The after-effects of the credit crunch combined with a lacklustre UN Climate Change Conference have led the BlackRock New Energy trust to underperform, its managers say.

Ecclesiastical's Robin Hepworth has been adding Japan exposure to Amity International on the belief stock markets are due to recover from years of underperformance.

PIMCO's Mike Amey is orientating his fund towards shorter-dated bonds and cash in the view they provide better reward for the risks associated with the UK economy.

Alliance Trust's Rod Davidson has launched his new Monthly Income Bond fund with the credit allocation in defensive names.

F&C is launching its first open-ended real estate fund as it faces losing the mandate for its £617m F&C Commercial Property trust (FCPT).

Shareholders in the £124m Martin Currie Pacific trust have voted for the company to continue for another five years.

Brokerage firm Canaccord Genuity says shareholders should vote against the merger of F&C Commercial Property trust (FCPT) and the UK Commercial Property trust (UKCPT) because it is not in investors' interests.

M&G is planning to hand strategist and chief economist Steven Andrew his first lead management role, with the launch of a multi-asset income product.

Investment guru Warren Buffett has raised his stake in Tesco to over 3%.

Billionaire investor George Soros says Germany is the "main protagonist" in the euro's crisis.