Old Mutual Global Investors (OMGI) has appointed a new Asian equities team headed by Joshua Crabb, previously at BlackRock.

Architas is the latest group to slash pricing on its range of passive multi-asset funds as the price war in the tracker space continues to rage.

Are active funds still worth the effort?

Martin Gilbert, chief executive of Aberdeen Asset Management, has given the 'yes' party a boost after claiming an independent Scotland would be a great success.

Investec has agreed to sell its UK mortgage business Kensington to private equity firms Blackstone and TPG Special Situations Partners for £180m.

Whitechurch Securities has moved to sell clients' positions in the Schroder UK Opportunities fund following Julie Dean's exit from the group.

Schroders has announced lead portfolio manager Julie Dean is leaving the company.

The European Central Bank has cut its headline interest rate by ten basis points to 0.05%, prompting the euro to slump against the dollar, and said it will begin a long-awaited asset purchase programme in the coming months.

Aviva Investors has promoted David Lis to chief investment officer for equities and multi-asset as new chief executive Euan Munro continues to make changes at the group.

The price war in the passive space continues to rage but some providers are refusing to play ball...