Odey Asset Management is to launch a European Absolute Return fund for manager Feras Al-Chalabi later this year.
T Rowe Price's European equity manager Dean Tenerelli said he is finding attractive entry points into stocks linked to the domestic economy in Continental Europe.
Baring Asset Management is to launch a focused European fund for Nick Williams, head of small-cap equities, and Colin Riddles, portfolio manager on the small- and mid-cap desk.
Fixed income boutique MacKay Shields has hired Matthew Nagele, previously at Janus Capital Group, as head of distribution for UK and EMEA.