Henderson UK equity manager Stephen Peak has increased his stake in troubled fund group Gartmore to 14.23%.
SVM is planning to convert Colin McLean's UK Alpha fund into a global stockpicking vehicle, the SVM World Equity fund.
Barclays has reported a small rise in pre-tax profits in the third quarter as its investment banking business continued to slow.
Gartmore CEO Jeffrey Meyer says the group's downfall over the past 12 months has "exceeded all nightmares" and believes getting out of the public markets could be best for the firm.
Schroders recorded a £800m net retail inflow in Q3, with flows slowing from the two previous strong quarters.
Dominic Rossi, who has resigned as CIO from beleaguered fund group Gartmore, is joining Fidelity Investment Managers.
So Roger Guy is ‘retiring' from day-to-day fund management and CIO Dominic Rossi is off, barely five minutes after it seems he started.
Gartmore veteran Roger Guy has announced he will retire from day-to-day fund management.
FundQuest is set to launch a fund of absolute return newcits funds into the UK market in Q1 next year.