News in brief

• Tremont Advisers has changed the name of two of its funds of funds. The American Masters Market Neutral Fund is now known as the Tremont Market Neutral Fund and the American Masters Opportunity Fund is now called the Tremont Opportunity Fund. A sterling share class is also being added for the Tremont Market Neutral Fund.

• Winton Capital Management has completed its first five years of successful trading as a managed futures manager with average annual return of 17.9% and $226m under managem