Income Solutions

FMYA 2013

Investment trust broker Numis said it expects the discount on Schroder UK Growth to tighten, following this morning's announcement Julie Dean will take over managerial responsibilities for the trust.

The board of the Schroder UK Growth trust has opted to hand over the management of the trust to Cazeonove's Julie Dean, who is joining Schroders imminently.

MULTI-ASSET

Advisers are experiencing frequent problems with risk-adverse clients holding large amounts of cash, despite the menace of inflation, according to J.P. Morgan Asset Management.

BlackRock's Nick McLeod-Clark has stepped down from running the firm's £698m UK Income fund to take an extended period of leave to recover from poor health.

Attractive income from a global multi-asset portfolio.

The financial crisis has led to a decline in long-term interest rates.

Threadneedle's Michael Poole is to become lead manager on the group's £790m European High Yield Bond fund as Barrie Whitman steps back.

Why consider diversified sources of income?