Investec

The Big Question: Which small funds are your hidden gems?

Investec has agreed to sell its UK mortgage business Kensington to private equity firms Blackstone and TPG Special Situations Partners for £180m.

Investec Asset Management's hire of Threadneedle UK equity head Simon Brazier (pictured) and team, revealed by Investment Week last Wednesday, has transformed the company's UK retail offering overnight.

Simon Brazier and his UK equities team are to join Investec Asset Management, Investment Week can reveal, following their exit from Threadneedle Investments.

CF Miton UK Value Opportunities

Old Mutual Global Investors' Richard Buxton is considering buying Tesco for the first time in four years, as managers investigate a contrarian opportunity in the stock despite the spectre of dividend cuts.

Finding value in UK Smaller Companies

The cyclicality of listed asset management businesses has been called into question as big names spring dividend surprises and attract the interest of UK equity income managers.

The market is pricing disinflation in to longer-dated government bonds, and rather than causing concern, this trend will be positive for markets, argues John Stopford, co-head of Investec Asset Management's multi-asset team.

Research by Investment Week has revealed only half of managers in the major IMA sectors have run their funds for five years or more.