M&G multi-asset fund manager David Jane has decided to leave the group.
Schroders multi-manager Andrew Yeadon has pared back exposure to higher risk assets across his three portfolios, believing the global recovery will be more stunted than previously anticipated.
Pressure is mounting on absolute return managers to deliver what they promised investors - returns in all market conditions - as funds posted losses in the past year.
Skandia has given its Ethical fund an environmental focus in an effort to boost sales.
Hedge funds and asset managers will be caught by the EU-led crackdown on bankers' bonuses, it emerged last night.
Threadneedle absolute return and currency managers Peter Allwright and Stuart Frost are to join RWC as the firm continues its recruitment drive.