Henderson

Seven of the UK's largest asset managers are teaming up to gather information on end investors' needs in a move which could trigger changes to their fund ranges.

Henderson has soft-closed the near £1bn Henderson Credit Alpha fund due to liquidity constraints.

J.P. Morgan Asset Management (JPMAM)'s Tony Lanning has bought into a resources ETF across his multi-manager range, after exhausting the search for an active alternative.

THE BIQ QUESTION

THE BIG QUESTION

UK EQUITY ALPHA

Sales of equity funds are on track to reach their highest level since 2000, with net sales of £8bn in the first nine months of 2013.

The most read story on Investment Week's website this week concerned outgoing fund manager Neil Woodford and how Invesco Perpetual is moving to protect investors in his funds.

The Henderson UK Equity Income fund - run by James Henderson - has changed its name and objective as part of an overhaul of the fund which removes its need to chase high yielding stocks.

Mark Little, an associate director in the discretionary sales team at Henderson Global Investors, is set to leave the company.