Neptune Investment Management's profits before tax fell by over 40% in 2013, against a backdrop of falling assets under management, as headwinds continued to impact its global investment approach.
Aegon has launched a High Income fund intended to help investors take advantage of pension freedoms coming announced in the Budget.
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Old Mutual Global Investors (OMGI) has appointed a new Asian equities team headed by Joshua Crabb, previously at BlackRock.
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The Investment Management Association has said there are signs the polarisation of fund flows is decreasing, despite consolidation across the distribution chain pointing to the opposite effect.
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Simon Brazier, Andrew Cole and of course, Neil Woodford, have all left their firms in the last 18 months, causing a headache for fund buyers, but does it build the case for buying passives?
Fidelity Worldwide Investment has overhauled the remit of Peter Khan and Ian Spreadbury's Global High Yield fund in order to diversify away from the US and increase exposure to emerging markets.
Quilter Cheviot, the UK's second-biggest independent wealth management group, has rejected a £600m bid from Old Mutual, according to a report.
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Simon Brazier and his UK equities team are leaving Threadneedle Investments to join Investec Asset Management.
Standard Life Investments has cut fund manager jobs across 15 Ignis equity funds after handing the portfolios to its own managers following its takeover of the group.
Online wealth manager Nutmeg is aiming to treble its user base in the coming months as it seeks to get up to scale after posting a loss for 2013.
Tracker funds saw net retail sales of £532m in July, the highest level since Investment Management Association (IMA) records began twenty two years ago.
Old Mutual Wealth chief executive Paul Feeney has contacted clients to defend a decision to shut the Skandia Invesco Perpetual income funds, pointing to "truly exceptional circumstances" following Neil Woodford's departure.
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