Former Investec energy portfolio manager Jonathan Waghorn has joined Guinness Asset Management.
Invesco Perpetual is preparing to roll out its answer to Standard Life Investments' GARS fund with the trio of managers it poached from the group.
Gold funds were standout winners in August as investors' appetite for risk waned amid concerns of a tapering of monetary stimulus in the US and potential military action in Syria.
Multi-asset managers have revealed their strategies as tensions mount in Syria and policy issues resurface in the US.
Former Investec energy specialist Mark Lacey is to join Schroders.
Platform Novia is to launch its own fund management arm in the final quarter of the year, providing advisers with a range of risk-rated portfolios to offer to clients.