BlackRock have poached boutique investment firm NewSmith's Mark Wharrier to work alongside Adam Avigdori on its £604m UK Income fund, Investment Week understands.
M&G Investments has regained its number one position on the Pridham fund sales list, knocking BlackRock off the top spot.
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.
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.