Income fund

Martin Currie is preparing to unveil its two newest products, a Latin America fund for the EM team it poached from Swip, and a Global Equity Income fund.

DIVIDENDS

Investec's Max King says investors have become too fixated on income generation at the expense of capital growth.

PSigma's income guru Bill Mott says defensive sectors are offering the most attractive yields relative to 10-year gilts he has ever seen.

Querns Asset Managers' Phil Roantree has invested one-third of assets in the bond portion of his Income First fund in banks and insurers two months after the vehicle launched.

RADAR ALERT

M&G is planning to hand strategist and chief economist Steven Andrew his first lead management role, with the launch of a multi-asset income product.

Former managers Nick Purves and Ian Lance were given the option of vetoing Schroders' purchase of a 49% stake in RWC Partners after joining the boutique last month.

Artemis' new Global Equity Income fund will have the ability to go short and is set to launch with strong exposure to the US and Europe.

Schroder Income duo Nick Kirrage and Kevin Murphy have increased their position in BP over the past 48 hours, believing it is "almost inconceivable" it will face a fine above the $50bn level which would put its dividend in jeopardy.