Axa Framlington

Skandia has removed George Luckraft from the manager line-up on its £142m UK Best Ideas fund.

Axa Framlington's Nigel Thomas has boosted mid-cap exposure in his £1.6bn UK Select opportunities fund on expectations of superior growth prospects for the FTSE 250 this year.

UK INCOME

Income investors could lose out if coalition Government forces extra levies on banks

UK EQUITIES

Axa Investment Managers has confirmed the departure of Anja Balfour, manager of the Axa Framlington Japan fund.

George Luckraft is standing by a nearly 50% overweight position in small caps for his Axa Framlington funds, despite smaller companies dragging heavily on performance.

TECHNOLOGY

Invesco Perpetual's Neil Woodford is one of a trio of highly regarded managers appointed to run balanced managed unit trusts for St. James's Place.

Outperforming their large-cap brethren, Japan's smaller companies have driven a sector gain of 42.6% over one year with value still to be found