Increasing correlations between assets classes have left "no place to hide" for multi-asset managers as concerns over a tapering of US QE hit home.
Odey Asset Management is to soft-close James Hanbury's top-performing £629m UK Absolute Return fund next week.
Multi-asset fund returns have beaten investors' expectations over the past three years, according to research from Prudential.
Wrap platform Novia has added Smith & Williamson's guided architecture service to its adviser proposition.