Could the passives tide turn?

Rathbones Unit Trust Management has seen its inflows more than halve compared to last year, reflecting a trend for outflows in the industry as a whole.

Dalton Strategic Partnership's partner and multi-asset fund manager Luca Vaiani has left the firm by mutual consent.

Managers reveal their best contrarian trades

Aberdeen Asset Management has been hit with fresh outflows of £9.9bn in the three months to the end of June, as investors continued to reduce exposure to Asia and emerging market equities.

FE Trustnet's head of content Joshua Ausden is to join Neptune Investment Management as head of client investment strategy.

BlackRock's Richard Plackett, former head of the UK Small and Mid Cap equities team and co-manager of the £1.4bn UK Special Situations fund, is to retire from fund management after 25 years, Investment Week can reveal.

Online trading platform IG Group has partnered with BlackRock to launch a range of ETF-based investment portfolios for its clients.

Multi-asset managers have started reinvesting their high cash positions, with many topping up European exposure as Greece finally reaches a new deal with its creditors.

UK equity managers are the biggest winners in the latest bi-annual rebalancing of FE Trustnet's Crown Ratings, with 51 funds gaining the top accolade of five crowns.