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Asia
Baillie Gifford cuts AMC on Greater China fund
Baillie Gifford is to reduce the annual management charge (AMC) on its Greater China fund from 1.75% to 1.5%, with effect from May 1.
America
Aberdeen switches from Europe to America
Aberdeen multi-manager duo Graham Duce and Aidan Kearney have dropped their exposure to Europe across the fund range, citing concerns over the markets and currency.
Bonds
Strategic bonds gain traction, says Cofunds
Strategic bonds gained traction in February, accounting for 7% of net sales on the Cofunds platform.
Britain
Former Lloyds TSB boss Sir Brian Pitman dies aged 78
Sir Brian Pitman, former Lloyds TSB boss and chairman of Virgin Money, has died aged 78.
Emerging
JP Morgan to launch Brazilian investment trust
JP Morgan Asset Management (JPM) plans to launch an investment trust investing solely in Brazil, with a target size of £50m.
Eurozone
Aberdeen switches from Europe to America
Aberdeen multi-manager duo Graham Duce and Aidan Kearney have dropped their exposure to Europe across the fund range, citing concerns over the markets and currency.
Global
Aegon reduces AMC on Global Opportunities fund
Aegon Asset Management has reduced the annual management charge (AMC) on its newly launched Global Opportunities fund from 1% to 0.3%.
Japan
Foreign & Colonial IT hands Japan portfolio back to F&C
The £2.23 billion Foreign & Colonial Investment Trust (FCIT) has brought the management of its Japan portfolio back in-house to F&C Investments.
Sector Focus
Sector focus: India
Investors in India have become cautious on the market in the short-term over concerns of inflation, widening fiscal deficit and its volatile stockmarket.
