The managers of Polar Capital's UK Absolute Return fund have used the turbulence of the past fortnight to increase net market exposure to its highest level this year, adding to positions in favoured banks and miners.
Octopus is planning to add a new product to its IM Octopus multi-manager fund range in the autumn.
Polar Capital's assets under management have increased 71% over the past year as the boutique sees strong inflows into its long-only and hedge vehicles.
HSBC Global Asset Management's Nick Pothier has added the Polar Capital Technology and Healthcare funds to his Open Global Return vehicle as part of a long-term bet on the sectors.
Polar Capital plans to launch a healthcare-focused investment trust targeting the historically low valuations on offer in the sector.
Many market commentators started the year tipping Japan as a contrarian, laggard equity investment for 2010.
Skandia's UK Strategic Best Ideas fund has reached an all-time-high net market exposure following the removal of two mandates last month.
The London operations of the Rothschild banking group have hired Mark Kary, former chief executive of Polar Capital.