Guy de Blonay's defection to Jupiter raises serious concerns about the integration of Henderson and New Star, Chelsea Financial Services' Darius McDermott believes.
Penny believes structure of fund helps him concentrate his mind on creating alpha
The latest forecasts from the IMF suggest global growth will be negative in 2009 with the UK economy expected to be among the worst performers of the developed nations.
Gartmore has appointed Threadneedle fund manager Jan de Bruijn as head of Asian equities.
Gartmore has appointed Brian Mitchell as head of dealing, reporting to CIO Dominic Rossi.
Wise Investment's new equity income fund will provide Yarrow with independence
Cautious managed funds closed the gap on the top selling UK Corporate Bond sector on Fidelity FundsNetwork last month, seeing 11% of total inflows on the platform.
Henderson's head of UK wholesale, Laurie Jaques, has left the firm to pursue opportunities elsewhere.
Royal London Asset Management is converting its range of unit trusts to Oeics over a phased period ending in April 2010.
With three-quarters of the year now behind us, thoughts turn to reflect upon the year that is drawing to a close and what 2010 will bring.