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lm managed performance fund trustees plan
KordaMentha, the appointed trustee of the beleaguered LM Managed Performance Fund, is seeking advice from the Supreme Court of Australia over whether to pursue former trustee LM Investment Management for almost A$2m (1.3m, £1.1m $1.9m).
insight adds sixth fund to absolute return range
Insight Investment plans to add a sixth fund to its Absolute Insight range.
schroders launches catastrophe bond fund
Schroders has launched a fund which invests in "catastrophe bonds" linked to both natural and man-made disasters.
kennox targets european investors
Edinburgh headquartered boutique Kennox Asset Management has adopted a Ucits structure for its flagship Strategic Value Fund in order to distribute into mainland Europe.
jpm continues fund rationalisation globally
JP Morgan Asset Management plans to rationalise its US and Asian fund ranges in 2014 in a similar exercise to that undertaken for its European range.