Invesco has been unable to find a buyer for its stricken Property Income trust, which remains in breach of its banking covenants.
Invista Real Estate Investment Management shares have fallen 9% this morning after the group announced plans to wind-up after losing £2.4bn of HBOS mandates.
LVAM's head of multi-manager Tom Caddick is taking on the role of head of multi-manager at Santander Asset Management as Keith Speck departs.
GLG Partners is launching a Ucits III version of its absolute return multi-asset global macro strategy.
In the latest Conjecture debate, our panelists from Legg Mason, Threadneedle and Standard & Poor's discussed absolute return funds.
Shares in UK-listed Man Group have jumped 4% on speculation a mystery bidder - reportedly the Bank of New York Mellon - is preparing a bid for the group.