BlackRock is to launch two passively-managed funds of funds investing in a selection of the firm's equity and fixed income tracker funds.
Barings' Toby Nangle has joined Threadneedle as head of multi-asset.
The output gap sounds like one of those obtuse concepts bandied about by professional economists to confuse the hell out of ordinary folk.
Aberdeen's multi-managers have cut cash weightings in their portfolios by as much as two-thirds in anticipation of an improved economic environment.
While the IMA considers how to rename the Managed sectors, Cautious mandates storm ahead of peers over testing three years.