BlackRock has hired Helen Zhu from Goldman Sachs as head of China equities for Andrew Swan's team.
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.