The sharp slides in oil prices seen since the summer could continue unabated until the commodity's chief trade body OPEC (Organization of the Petroleum Exporting Countries) is finally forced to take action, investors have said.

Investors using direct to consumer platforms are now among the largest shareholders in investment trusts, as a post-RDR revival for the sector gets underway.

M&G Recovery fund manager Tom Dobell has said his recent poor performance is down to stock selection rather than the size of his fund.

‘Clients need to take more risk to see real returns’

Bill Gross has said that having too many decision makers in an asset management business can be detrimental to portfolios, following his sudden departure from PIMCO.

JPMAM strategist Stephanie Flanders has said she is 'sombre' about the prospects for Europe and other developed markets, in a reversal of the optimism she felt at the start of the year.

Kevin Addison has joined the funds arm of Brooks Macdonald as head of sales.

After a runaway three-year period for many, some of the heat has come out of wealth and asset manager share prices this year amid wider market falls.

JP Morgan's emerging markets manager Leon Eidelman has argued the slowing of EM economies does not mean investors should write them off altogether.

Electra Private Equity shareholders have rejected activist investor Edward Bramson's attempts to force a change in the board and running of the company.