Income fund

Gervais William's first launch through MAM Funds in his new role as managing director has met its capital raising target of £50m.

The final cost to BP from the Gulf of Mexico oil spill disaster could reach $60bn (£37bn), according to fresh analysis from ratings agency Moody's.

Newton's star income manager Tineke Frikkee has moved overweight BP, almost tripling her holding in the oil major in the £2.7bn Higher Income fund since February.

BP ONE YEAR ON

Heather Manners has soft-launched an Asian Equity Income fund, the third offering from her boutique Prusik Investment Management.

Insynergy is to add an emerging markets equity income fund to its product range, aiming to offer exposure to a range of alternative dividend payers.

MAM Funds is preparing to float a small and mid-cap biased equity income trust for new managing director Gervais Williams.

Stuart Rhodes, the manager of the £633m M&G Global Dividend fund, and investment specialist Kotaro Miyata, discuss the prospects for sustainable dividend growth across global markets.

Invesco Perpetual is launching an Asian equity income portfolio for head of Asian equities Stuart Parks and manager Tim Dickson later this quarter.

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