Aegon's pre-tax underlying earnings have fallen by €13m in the second quarter, to €401m, after the business was impacted by falls in the dollar and hefty charges for administration problems.
Alex Ingham has left Aviva Investors to join Lazard Asset Management where he will launch a small-cap emerging markets fund for retail investors.
First State Investments has made a move into the onshore fixed income space with the launch of a London-based emerging markets team, led by ex-F&C manager Helene Williamson.
Fidelity International's Trevor Greetham has warned the "fiscal masochism" of US and European policies is leading to a new risk of recession and stagflation.