M&G's Stuart Rhodes is running a record low number of stocks in his £8.5bn Global Dividend fund, having sold many US holdings on valuation concerns, as he begins to look to new regions for yield plays.
Jupiter has hired former Kames Capital distribution head Martin Harris to lead its institutional business, Investment Week can reveal.
Morningstar has announced the winners of its annual fund awards, with Invesco Perpetual and Fidelity among the fund groups to take home major accolades.