Aberdeen Asset Management CEO Martin Gilbert said he wants to oust Katherine Garrett-Cox as chief executive of the £2.1bn Alliance Trust.

Standard Life Investments (SLI) has handed its tracker fund range to passive investment house Vanguard Asset Management as it looks to focus on its active fund offering.

MAM Funds is preparing to launch a global multi-asset income product for Martin Gray and James Sullivan.

BlackRock has promoted Alex Hoctor-Duncan to the newly created role of head of retail for Europe, Africa and the Middle East (EMEA), while Maarten Slendebroek, responsible for international retail, is leaving next month after 18 years with the group

The UK is back in recession, according to the latest growth projections from the OECD, while the recovery in the G7 economies remains ‘fragile'.

The average stock in the UK's FTSE 250 index delivered 222% to investors over a turbulent ten years to 2012.

BlackRock has broken its silence over the proposed merger of commodities giant Glencore and miner Xstrata, saying it will back the deal.

The Prusik Asian Equity Income fund has reached $50m in size and its first share class is closing to new investment.

They have had a rocky ride, but ultimately investors with nerves of steel who backed the UK's biggest commodity stocks over the last ten years would have been rewarded for their patience.

Tom McGrath and Ian Willings of Apollo Multi Asset Management outline five unknown and unloved alternative ideas to make money against a tough market backdrop.