Equity fund

Will earnings growth finally come through for Europe?

R&M UK Equity Income

UK equities manager Philip Hardy has left FOUR Capital Partners after less than a year.

Chelverton Asset Management is to launch a small-cap fund in September after expanding its team of fund managers.

Neil Woodford has been handed a mandate on Skandia's WealthSelect range, likely in the region of hundreds of millions of pounds, and the platform will be able to access the manager's 65bps share class.

Schroders is winding up its UK Core fund, Investment Week can reveal, calling time on its first offering in the 'low-cost active' space after failing to gather assets in the three years since launch.

SEI has handed a £166m UK equity mandate to Four Capital Partners followings its appointment of Philip Hardy.

UK funds under management hit a record high in 2013, while sales of equity funds tripled from 2012, Investment Management Association data has revealed.

Investors ditched fixed income funds - corporate bond portfolios in particular - and opted for UK and European equities in November as the great rotation becomes more and more visible.

Fidelity Worldwide Investment has expanded its range of multi-asset income funds with two new fund launches for Eugene Philalithis and Nick Peters.