Henderson

Charlie Awdry has cut the number of holdings in his Henderson China Opportunities fund to create a more focused portfolio, while selling his last Chinese property holding as the indebted sector continues to struggle.

Skandia is poised to shake up the managed portfolio market with its suite of cut-price model funds, as the first look at WealthSelect reveals half the restricted range is priced at less than 60bps.

FIXED INCOME

COMMENT

As the latest figures from the IMA show Absolute Return funds have seen their highest retail sales for over four years, Standard Life Investments' phenomenally successful GARS fund is starting to face more competition from peers.

Henderson today reported a bumper set of results for 2013, including record profits, following a return to positive UK retail flows.

Three of the top ten dividend payers globally in 2013 were British companies, while financials accounted for the greatest proportion of payouts, according to a new study by Henderson Global Investors.

THE BIG QUESTION

TECHNOLOGY

Multi-asset managers have been hiking their cash weightings after a rocky start to the year for global equity markets.