Jupiter is seeking to expand its stable of income-generating products in the second half of this year via the launch of an Enhanced Distribution portfolio and a fund for new hire Jason Pidcock.
Insurer RSA has topped the FTSE All Share leaderboard this morning after rival Zurich Insurance confirmed it is considering a bid for the company.
Market turmoil in China will prove a greater problem for European equity managers than the ongoing travails of eurozone member Greece, according to Argonaut Capital's Olly Russ.
Ratings agency FundCalibre marks its first anniversary this week, and a look at the site's most popular portfolios hints at the investment trends making themselves felt so far in 2015 - and potentially in the months to follow.
Legal & General Investment Management (LGIM) UK Equity Income manager Richard Black is to leave the group after seven years at the company.
Franklin Templeton UK Mid Cap fund manager Paul Spencer has sold some of the portfolio's longest-held positions after taking advantage of the post-election UK equity rally.
Liontrust has reported a £7m net outflow for the three months to 30 June as an uncertain period for investors temporarily pushed down assets under management.
Eclectica Absolute Macro manager Hugh Hendry has said the UK government's decision to introduce a 'national living wage' lends credence to his investment thesis that politicians realise they must now reward workers in order to boost growth.
Holders of Aviva Investors' £159m Asia Pacific Property product face a 12-24 month wait to exit, Investment Week can reveal, after the firm suspended the fund due to redemption requests.
Financial Conduct Authority chief executive Martin Wheatley is to stand down on 12 September after the Treasury said it believes "different leadership is required".
Prudential Portfolio Management Group has added two new recruits to its senior management team as it strengthens its offering following the departure of Matthew Williams earlier this year.
Lazard Asset Management is set to build on the success of its Global Listed Infrastructure Equity fund through the launch of a concentrated global equity portfolio.
The FTSE 100 has bounced at the open after all-night talks over a new rescue package for Greece eventually yielded a deal.
Investors will be able to withdraw and reinvest cash held in stocks & shares ISAs without affecting their annual limits as of April 2016, the Treasury has said.
Chancellor George Osborne has used the first Conservative Budget since 1996 to announce he is delaying plans for the UK to return to a budget surplus until 2019/2020.
Lazard UK Omega manager Alan Custis is backing the acquisitive Man Group to pursue further M&A activity as it continues to diversify away from its quant strategies.
The FTSE 100 has fallen again on news of Greek voters' decisive referendum rejection of creditors' demands - but the resignation of Athens' finance minister Yanis Varoufakis has helped stem losses.
Contained or contagion?
Crossroads for Artemis and SLI
Giles Parkinson, analyst on Artemis' £977m Artemis Strategic Assets fund, is to leave the group after resigning his position.
Schroders has called on the Investment Association to rethink its approach to UK Equity Income funds as Nick Kirrage and Kevin Murphy's Income fund is removed from the sector.
Old Mutual Global Investors (OMGI) is to alter the investment objective of Richard Watts' UK Mid Cap fund to allow the manager to hold more in mid-cap stocks sitting outside the FTSE 250.
The Bank of England's Financial Policy Committee (FPC) has asked for more detail on how fund groups are guarding against liquidity risks, as policymakers step up their scrutiny of asset managers.
Four new unknowns after Greece’s dramatic weekend
Risk assets have regained some ground but equities remain deep in the red after a tumultuous weekend in Greece saw it impose capital controls after calling a surprise referendum over creditors' final bailout demands.
The Financial Conduct Authority (FCA) "remains concerned" over how businesses communicate charges to consumers, and has suggested Nutmeg as an example for investment firms to follow.
Sanditon Asset Management co-founder Tim Russell has established "nerve-wracking" short positions in popular UK growth stocks as he bids to profit from a potential change in the business cycle.
London and Capital's Daniel Freedman talks to Dan Jones about the future of model portfolios, the group's decision to move further up the wealth scale, and its expansion plans.
Standard Life Investments' UK equity manager Ed Legget is to leave the firm, Investment Week can reveal.
The FTSE 100 has opened 1.3% higher as investors hope that newly-submitted Greek bailout proposals will be enough to stave off latest default fears.
Pre-tax profits at Polar Capital have dipped 5% after outflows from its Japanese strategies saw the fund house's AUM take a £625m hit.
Charles Stanley has agreed the sale of its Securities arm and plans to restructure its asset management offering after reporting an "unsatisfactory" loss of £6.1m for the year to 31 March.
Liontrust has reported a 45% rise in pre-tax profits for the year to 31 March after taking in £667m in net inflows over the period.
Investors pulled an estimated £1.5bn from Richard Woolnough's M&G Optimal Income fund in April and May as bond market volatility brought a sudden end to the portfolio's rapid AUM growth.
Richard Pease lifts the lid on Crux AM
Aberdeen Asset Management is to issue £100m of non-voting preference shares to Mitsubishi UFJ Trust and Banking (MUTB) in order to raise money for future fund launches.
Stephen Mohan, UK director at Europe's largest platform group Allfunds Bank, is set to leave the firm, Investment Week understands.
Bank of England governor Mark Carney has used the annual Mansion House speech to warn that asset managers must prepare for the consequences of normalising monetary conditions.
Chancellor George Osborne is to begin selling the government's 80% stake in Royal Bank of Scotland at a loss, saying any further delay could jeopardise the economy.
The J.P. Morgan Emerging Markets investment trust has cut its performance fee in a move it says means its charging structure is now more attractive than peers'.
Odey Asset Management is to pass its £217m Continental European fund to ex-Waverton manager Oliver Kelton.
F&C has confirmed its sales and distribution businesses are to rebrand as BMO Global Asset Management, as the fund house becomes more closely integrated with its parent firm.
Aberdeen Asset Management is to merge away five funds formerly managed by Scottish Widows Investment Partnership (SWIP) as it continues to rationalise its range.
Jason Pidcock's Newton Asian Income fund saw outflows of £350m in May, the month in which the manager's departure from the firm was announced, according to data provider estimates.
Hexam Capital Partners is to close majority shareholder Bryan Collings' onshore Global Emerging Markets fund after assets shrunk to an uneconomical level.
The sell-off in European government bonds has spilled over into equities once again on Thursday, with UK stocks unable to escape the pain.
Columbia Threadneedle head of product Nick Ring is to join Jupiter as global distribution head, Investment Week can reveal.
M&G is bringing its top quartile Japan funds in-house, changing manager on its Smaller Companies portfolio, and adding a co-manager to its European Smaller Companies fund.