Newton

Tineke Frikkee, manager of the £2.52bn Newton Higher Income fund, expects BP to resume dividend payments as early as February next year.

BNY Mellon has launched a Dublin-domiciled version of James Harries' Newton Global Equity Higher Income fund - offering sterling, dollar and euro denominated share classes.

Fund managers have shown their support for oil giant BP despite its record $17bn (£11bn) loss in the second quarter.

Cherry Reynard looks at why a global approach to equity income is the way forward.

Former Newton Investment Management chief executive Colin Harris has joined the board of AIM-listed wealth manager Brooks Macdonald.

Interactive Financial Adviser

UK equities, emerging markets, global equities and income funds are the top four asset classes IFAs expect to be recommending to clients this year.

Paul Burgin examines the Absolute Return sector, the second best-selling retail class of 2009. Managers are betting both ways on recovery as they wait for government action on interest rates, economic stimulus and sovereign debt.

The Newton Cautious Managed fund will waive its initial charge until the end of May, following a move to the IMA Cautious Managed sector under new manager Simon Nichols.

Fund managers believe China's governmental structure could help it escape the worst of the global recession.