Managed funds

Legal & General Investment Management hired Emiel van den Heiligenberg from BNP Paribas Investment Partners as its head of asset allocation.

JAPAN

M&G has lost its number one spot at the top of the widely followed Pridham report, after sales at rivals BlackRock and Standard Life surpassed the Prudential-owned asset manager.

Hermes has listed its 11-strong suite of UCITS funds in the IMA sectors, ramping up its push into the UK wholesale market just as Jupiter's John Chatfeild-Roberts buys into one offering.

ON EMs

Architas has expanded its distribution team with the appointment of Philippe Broadhead and Daniel Haylett.

Henderson Global Investors is preparing to add two funds to its risk-rated range of multi-asset solutions, led by Bill McQuaker.

Schroders has added a retail sterling share class to its offshore Global Multi-Asset Income fund, opening it up to retail investors for the first time.

Standard Life Investments (SLI) has closed down six manager of managers funds it had outsourced to Wilshire Associates.

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