Sarasin

The return of high-profile funds to the top of the performance charts is shaking up the UK equity rankings, just as the asset class returns to favour.

Sarasin's managing partner and CIO Guy Monson has stepped down as manager of the group's Global Equity Income and International Equity Income funds.

Sarasin & Partners' Guy Monson has warned sterling's recent show of strength against the euro could be about to end, as ECB intervention draws near and the UK's QE policy weighs on the pound.

Sarasin & Partners has promoted three members of its team to partners.

Sarasin & Partners has expanded its product offering with the launch of two funds of funds, Sarasin Global Equity and Sarasin Global Diversified.

SPECIAL REPORT

Sarasin has launched a new share class for its £169m AgriSar equity offering that removes the fund's performance fee but raises its annual management charge.

Ashcourt Rowan has appointed Jim Roberts, founder of Skandia Investment Management, to the board as a non-executive director.

US

The Financial Services Authority (FSA) has warned investors to be wary of a bogus firm trying to clone Sarasin & Partners.