Investment

CLOSE Investments has acquired Aon's UK-based multi-manager business.

CURRENT weakness in the commodity markets is unlikely to continue beyond the first quarter, Baring Asset Management believes.

ROYAL London Asset Management has launched a new ethical fixed income fund.

Independent verification of fund managers' investment performance figures should be made mandatory when global standards are reviewed in 2010, UK institutional investors believe.

DEfINED contribution as-sets under management at Fidelity International grew by more than 25pc last year, latest figures reveal.

FRIENDS Provident has added 25 new funds to its corporate pension fund platform - increasing the total numper of fund choices to 83.

F&C Asset Management is to launch a range of specialist products for UK and European pension schemes over the next three years.

FUND managers from Schroders, MM Asset Management and HSBC Halbis Partners have teamed up to found new asset management firm FOUR Capital Partners.

CREDIT Suisse Asset Management's diversified growth fund has attracted £100m of pension fund money during its first six months.

SCHRODERS is exploring the potential of defined contribution lifestyle funds that react to market conditions rather than automatically switch assets at a fixed point.