AIM

MUMFORD

UK EQUITIES

AIM

Paul Mumford of Cavendish Asset Management said there are so many opportunities in the equity market at present he would be amazed why anyone would consider investing in bonds.

Standard Life Investments' Thomas Moore, manager of the £105m UK Equity Income Unconstrained fund, has sold out of UK pharmaceuticals amid fears the sector faces further earnings downgrades this year.

BUFFETT

Franklin Templeton manager opts for a more concentrated portfolio, focusing on stocks with a market capitalisation of between £100m and £1bn.

Merchant House has withdrawn its listing on the AIM exchange after it was unable to raise sufficient funding.

David Hickey has resigned from his post as executive chairman of Lighthouse Group.

Financial adviser Lighthouse Group has announced it plans to de-list from AIM.