BlackRock

The next chief executive of state-backed lender Royal Bank of Scotland could be named next week, according to reports.

Does Europe warrant inclusion in portfolios yet? Mona Shah, assistant manager on Rathbones' multi-asset portfolios, examines the fundamentals.

The Investment Management Association (IMA) has begun publicly revealing Targeted Absolute Return funds' rolling 12-month performance as part of a tightening of requirements, following widespread criticism of the sector.

Some of the UK's largest fund houses are considering launching retail share classes with a 0% AMC rather than provide platforms with ‘super clean' alternatives.

GOOD GOLD

FundsNetwork has accelerated its take on of clean share classes to achieve its target of having 95% of current platform assets covered by clean share classes by the end of June.

BlackRock has agreed to acquire private equity real estate adviser firm MGPA for an undisclosed sum.

Mark Lyttleton, the former star fund manager at BlackRock, was arrested last month as part of the Financial Conduct Authority's (FCA's) investigations into market abuse, according to reports.

M&G has lost its number one spot at the top of the widely followed Pridham report, after sales at rivals BlackRock and Standard Life surpassed the Prudential-owned asset manager.

Darwin Investment Managers has launched a model portfolio service comprising three funds managed by multi-asset veteran David Jane.