Legg Mason's CEO tells Investment Week about his ambitious plans for Martin Currie after finally securing a deal the US giant had been chasing "for years".
The threat of rising interest rates to investors' portfolios - in particular their fixed income positions - is becoming more apparent, but can more niche areas like senior secured loans protect them from losses?
Some of the country's top bond fund managers are increasing liquidity in their portfolios over fears a ‘shadow banking' bond market bubble buoyed by ‘tourist' investors may burst.
Woodford Investment Management was the best-selling fund group by active sales in the second quarter of this year, after raising £1.6bn for its Equity Income fund.