Investment

Neptune UK Opportunities fund

Battle of the unloved assets

PIMCO's global equities CIO Virginie Maisonneuve is to leave the firm just 18 months after joining the group, as it closes two equity funds.

Nigel Thomas, manager of the £4.6bn AXA Framlington UK Select Opportunities fund, believes bond and equity investors are experiencing high levels of confusion caused by recent market dislocations.

Old Mutual Wealth's CEO has said the government's pension reforms have been like a 'shot of adrenaline' for the financial services sector, as the group reports strong sales of pension products in Q1.

Legal & General Investment Management chief executive Mark Zinkula has said some asset managers have been left behind the curve in the face of the numerous pressures being exerted the funds industry.

Mirabaud Asset Management has expanded its European desk with the appointment of a Spanish equities specialist.

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