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The Daley Update

Henderson Global Investors has appointed Kirsteen Morrison as senior fund manager for its socially responsible Investment team. She joins from Henderson&#39s Singapore office, where she was responsible for the global care Asia Pacific fund. Morrison will manage the Henderson SRI and NPI global care SRI funds.

Credit Suisse Asset Management is offering a 1 per cent discount on its income and monthly income funds until the end of June. The discount will reduce the funds&#39 5.25 per cent initial charges to 4.25 per cent and marks the first birthday of fund manager Bill Mott&#39s return to the funds. He withdrew from the day-to day management of the funds in the late 1990s to take a more strategic role in the company.

Baring Asset Management has appointed James Rainbow as UK marketing manager. He joins from Govett Investment Management, where he was senior marketing manager.

Royal & Sun Alliance is to offer a new range of higher-risk unit trusts. The first of the trusts – the UK prime unit trust – is set for launch at the end of this month. Global, European and North American funds will follow.

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Neptune video: Abenomics: the impetus for Japan’s fast-track recovery?

The remarkable performance of the TOPIX over the past year has caused many sceptical equity investors to look again at the Japanese market. These returns have come despite very significant problems facing the Japanese economy. Chris Taylor, manager of the Neptune Japan Opportunities Fund, discusses these problems and whether Abenomics will be able to overcome them, enabling the market to continue to rise.

In the video, Taylor addresses the following:

• The size and speed of Japan’s unprecedented monetary policy
• Abenomics and the implications should it fail
• Corporate Japan and beneficiaries of government policy

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