Reflections on 20 years in fund management

BlackRock has changed the name and investment objective of its Global Bond fund, managed by Scott Thiel, who will also gain two co-managers.

BNY Mellon Investment Management is set to change the names of two of its funds, the Newton Global Higher Income and Higher Income, and scrap the yield discipline on the latter.

Retail fund sales last year were at their highest level since 2010, according to the latest figures from the Investment Association (IA).

Schroders is to increase the ongoing charge on its All Maturities Corporate Bond fund to bring it into line with other funds in its range.

AXA Investment Managers has launched an investment strategy allocating to small- and mid-cap Chinese A-shares in an effort gain exposure to an untapped area of the market.

UK banks have around £12bn tied up in Greece, sparking fears they may face losses if the nation's banks default following the latest election results.

Hedge fund manager Crispin Odey has warned major economies are entering a recession that will be "remembered in a hundred years".

Left-wing Syriza's Greek election win has sparked suggestions of a read-across to other eurozone countries, but some say it could be a buying opportunity for investors.

Distribution Technology (DT), a provider of risk profiling tools to hundreds of adviser firms, has introduced high yield bonds to eight of its ten risk models for the first time.