Managed solutions

SOAPBOX

OUTSOURCING

Psigma Investment Management has cut the AMC on its discretionary fund range from 1% to 0.5% in a move to broaden its reach into the intermediary market.

James Burns, head of the multi-manager desk at Smith & Williamson, said he sees investment opportunities in Europe, Japan and the United States (US).

SMART BETA

MULTI-ASSET

Colin Graham, BlackRock's co-head of global multi-asset strategies, is stepping down from his position at the firm after sixteen years.

Former Aberdeen global fixed income bond chief Paul Griffiths has joined First State Investments as CIO of fixed interest and credit.

MULTI-ASSET

Schroders will build a multi-manager arm to rival John Chatfeild-Roberts' Jupiter Merlin range once Cazenove's Marcus Brookes and Robin McDonald join the firm, global head of equities Peter Harrison has said.