J.P. Morgan Asset Management has launched a Total Emerging Markets Income fund to be run by Richard Titherington and Pierre-Yves Bareau.
Last month, quarterly retail fund sales reached a peak not seen since 2011, according to the latest figures released by the Investment Management Association (IMA).
Marlborough has soft-closed its Nano-Cap Growth fund after it attracted almost £90m during its launch period.
Hawksmoor Investment Management has hired former Investec Wealth & Investment chief investment strategist Jim Wood-Smith.
Liontrust AM's chief executive John Ions expects John Husselbee's Wealth Solutions service to become a significant part of the business over the next few years, following the takeover earlier this month.
PSigma Investment Management CIO Tom Becket has sold out of the £11bn Invesco Perpetual Income fund after ten years following news of manager Neil Woodford's departure.
Asian stocks rose overnight, driven higher by the Nikkei which reversed sharp losses on Friday after climbing over 2%.
Miton is to offer its fund managers shares in the company in an effort to keep hold of top performers.
RBS has seen shares fall 5% today after Chancellor George Osborne revealed a decision on its future is due in weeks, but is it a buying opportunity for investors or the right time to cash in?
J.P. Morgan has reportedly agreed to pay an £8bn ($13bn) fine as part of a settlement with the US over its role in the mortgage-backed securities market, which led to the near-collapse of the US financial system.