Henderson

Henderson Strategic Bond fund manager John Pattullo has moved aggressively in to gilts in a bid to hedge against a worldwide deflationary shock caused by the chaos in emerging markets.

Skandia has secured an average annual management charge (AMC) of 0.52% on its restricted WealthSelect range.

FLEXIBILITY

John Duffield has hired former colleague Mark Skinner as an adviser to develop Brompton Asset Management's retail business.

Henderson Global Investors has promoted Paul O'Connor to co-head of multi-asset in a bid to raise the team's global profile.

Seven of the UK's largest asset managers are teaming up to gather information on end investors' needs in a move which could trigger changes to their fund ranges.

Henderson Global Investors saw a net inflow of £1.2bn into its retail funds in Q3, driven by its equity fund range which saw a positive flow for the first time since 2011.

Rob Gambi has been appointed chief investment officer of Henderson, starting in 2014.

Multi-asset managers are raising cash levels and adding to government bonds as fears over the US economy spook investors.

EMERGING MARKETS