Jupiter chief executive Edward Bonham Carter has said wealth managers and advisers should pay more attention to a fund's ‘active share' as they seek to add value for clients.

Aberdeen Asset Management has said it is in discussion with Lloyds Banking Group over a possible acquisition of Scottish Widows Investment Partnership.

Threadneedle has abandoned plans to launch an Asset Backed Income trust after it failed to raise sufficient capital, Investment Week can reveal.

Concerns over pricey equity markets and the risks of value traps have pushed investment opportunities to their lowest level for seven years, according to the co-manager of the Kennox Strategic Value fund.

Jupiter has hired Robert Siddles from F&C to run US small cap portfolios at the group, with the manager bringing across his £150m US Small Cap trust.

Investment manager GAM is to cut down its London and Zurich locations after revealing a drop in the US dollar kept AUM flat in Q3.

The board of the £150m F&C US Smaller Companies trust has said it will serve notice on F&C after manager Robert Siddles quit the group.

Jupiter has promoted Dan Carter to run its $148m Jupiter Japan Select SICAV, with Simon Somerville stepping back to become deputy manager.

Mark Barnett's Invesco Perpetual UK Strategic Income fund is among a handful of UK equity income vehicles to have displayed a lower maximum drawdown than Neil Woodford's portfolios over the past five years.

UK dividend payouts will contract this year for the first time since 2010 following a "disappointing" Q3 for income investors, according to Capita.