Simon Ellis, the former managing director of L&G Investments' unit trust business, has joined HSBC Global Asset Management.
Ignis is to shut Graham Ashby's UK Enhanced Income fund and Mark Holden's UK Focus as it moves to streamline its range of products.
The FTSE 100 got off to a positive start on Monday, with shares shrugging off weak data from both China and Japan to move higher.
Mark Williams, manager of the Liontrust Asia Income fund, assesses two major events in China which coincided with the fund's second anniversary last week.
The US economy added 175,000 jobs in February, ahead of estimates and confounding fears that continued bad weather would hurt the employment recovery.