Industry

Jamie Frere-Scott has joined Ashcourt Rowan as funds director after less than a year as head of research at life insurer Mobius Life.

GAM is to drop its Swiss & Global name in order to give more prominence to the Julius Baer and its own fund ranges.

J.P. Morgan Asset Management (JPMAM) has launched a Global Capital Structure Opportunities fund that will invest across equities, bonds and convertible bonds.

T Rowe Price's Luis Faňanas has joined J.O. Hambro Capital Management ahead of the launch of a new European Concentrated Value fund later this month.

Old Mutual Global Investors has more than doubled its adjusted operating profit in 2014, while assets under management jumped 31%.

Carmignac Gestion's head of emerging equities Simon Pickard has left the business to pursue "personal projects".

Retail fund sales tumbled last month in a reversal of the strong inflows seen in 2014, according to the latest Investment Association (IA) figures.

'Wealth managers have a lot to learn from supermarkets'

The UK funds industry will see growth ‘skyrocket' in the coming years, but the balance of power in the industry could shift to smaller players, a new report has predicted.

Tilney Bestinvest has named nine funds that have consistently earned its top fund rating over the past five years.