Multi-asset

Mining giant Rio Tinto has rebuffed a takeover bid from rival Glencore in August which would have created the world's largest listed mining group.

The future direction of bond yields is less important to the fixed income story than many suspect, PIMCO's Mike Amey has suggested.

Fund Management Summit

Morningstar has launched two income portfolios to be actively managed by its Morningstar OBSR Managed Portfolios team.

St James's Place has dropped PIMCO's team as manager of its multi-asset fund as part of a number of changes to its investment range.

‘The main issue facing clients is interest rates’

Active funds

Fidelity Worldwide Investment has cut fees on its passive multi-asset range in another aggressive pricing move.

Seneca Investment Management has suggested investors move out of fixed income in order to avoid getting caught out by a painful correction.

Aviva Investors has again added to its multi-asset team as it prepares to go head to head with Standard Life Investments' GARS product.