Gartmore

Gartmore head of multi-management Tony Lanning has added the BlackRock European Dynamic fund to his portfolios, reducing his long-term underweight in the region.

Gartmore head of multi-management Tony Lanning has added the BlackRock European Dynamic fund to his portfolios, reducing his long-term underweight in the region.

Gartmore's John Stewart has turned to defensive stocks and opened up short positions in cyclical sectors within the Japan Absolute Return fund following the market's poor performance.

FUND MANAGER FOCUS

Only eight managers in the closed-ended retail space have achieved more than a 20-year tenure, according to new figures from the Association of Investment Companies.

The UK's new coalition Government is preparing to make large-scale spending cuts in an attempt to reduce the country's worryingly large Budget deficit, and managers are bracing themselves for the possible impact.

EUROPE

The FSA will commence an investigation into Gartmore manager Guillaume Rambourg to determine whether he met the regulator's standards of an approved person.

Germany's decision to ban naked short-selling could be replicated in other markets as regulators panic, Gartmore's Ben Wallace believes.

Aegon's Adams and Gartmore's Himsworth differ on domestic stocks but both aim to avoid crowded trades